Implications of the 2024 US Election: Tax Segment

22/10/2024 26 min
Implications of the 2024 US Election: Tax Segment

Listen "Implications of the 2024 US Election: Tax Segment"

Episode Synopsis

On Tuesday, October 22, Warren Payne, Sonal Majmudar, and John Merrigan discussed critical tax issues at the forefront of this election. Both presidential candidates have developed extensive proposals for a comprehensive 2025 tax reform bill. Every American business and taxpayer may be affected as Congress negotiates corporate tax rates and top marginal rates for individuals, capital gain tax rates (potentially including tax on unrealized gains), potential extension of tax various credits, and estate taxes — along with a host of less recognizable tax code provisions that can profoundly impact American taxpayers.