Loading...
Market
Will Kamala Harris's 28% corporate tax rate proposal be passed by Congress by the end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official congressional records and announcements
Story
Kamala Harris Proposes 28% Corporate Tax Rate if Elected, NBC News Reports
Aug 19, 2024, 07:36 PM
Kamala Harris, the Vice President of the United States and a presidential candidate, has proposed raising the corporate tax rate to 28% if elected. According to NBC News, this proposal aims to roll back part of former President Donald Trump's 2017 tax legislation, which reduced the corporate tax rate from 35% to 21%, where it has remained since 2018. Harris's plan marks her first significant revenue-raising policy as a candidate, reflecting her intention to fund her presidential agenda. The proposal has sparked debate, with some critics labeling it as a 'communist' economic policy. Harris's campaign spokesperson, James Singer, emphasized that the move is intended to ensure that billionaires and large corporations contribute their fair share to public funding.
View original story
Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Passed as proposed • 25%
Passed with modifications • 25%
Rejected • 25%
No vote held • 25%
Yes • 50%
No • 50%
Capital gains tax rate amended • 25%
Corporate tax rate amended • 25%
Both amended • 25%
No amendments • 25%