Election 2020

Senator Kamala Harris condemned the Trump administration’s handling of the pandemic as the worst failure in U.S. government history, but evaded answers on the Democrats’ positions on the environment and the Supreme Court.

Whoever wins Nov. 3, there are sure to be changes ahead in tax rates and tax policy.

Democratic presidential nominee Joe Biden released his 2019 tax returns hours before the first debate with President Donald Trump, showing that he paid $299,346 in income taxes in 2019.

During the 2020 presidential campaign, Democratic candidates made many proposals for changes to the Tax Code, ranging from changes to the tax rates to the imposition of a new 5 percent excise tax and a national sales tax.

Deductions for haircuts, consulting fee write-offs, a family estate that is treated as a business property and an aggressive refund claim could open President Donald Trump to legal risks once he’s out of office.

The president deemed the report "fake news," and said he had paid "a lot."

Regardless of their voting intentions, they overwhelmingly expect things to improve after Nov. 3.

Wall Street firms may start facing pressure to pay out bonuses earlier than usual as their employees worry about the prospect of higher taxes under a Biden administration and Democrat-controlled Senate.

No matter whether Trump or Biden wins in November, a new survey from PwC indicates taxes may be rising.

Levies on most households below the top income brackets would stay about the same as under Trump.