Vice President Kamala Harris is set to unveil a new plan aimed at cutting taxes for middle-class and lower-income Americans as part of her economic policy rollout. The proposal, expected to benefit over 100 million Americans, includes various measures to provide tax relief and support to families.
The plan includes reviving or extending temporary measures previously enacted by President Joe Biden and congressional Democrats during the first two years of Biden's term. One key aspect of the proposal is the restoration and permanence of the child tax credit expansion introduced under the American Rescue Plan, increasing it to $3,600 from $2,000.
