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New Trump website reveals how much money a Harris presidency could cost taxpayers

FIRST ON FOX: The Trump campaign team unveiled a website on Tuesday that lists the taxes voters in each state can expect to pay when the tax cuts introduced by Trump expire next year.

“Kamala Harris voted against Trump’s tax cuts and will let them expire if elected,” says the website KamalaTaxIncrease.com.

“Democrats in Washington don’t care about you – they will work with Kamala Harris to make sure you pay more taxes and have less money in your pocket. According to the Tax Foundation, most taxpayers will face a noticeable tax increase when the Trump tax cuts expire,” it continues.

The Trump campaign’s new website uses data from the Washington-based think tank Tax Foundation and shows a map of the United States with a breakdown of the additional tax expenditures expected to be paid by residents of each state.

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Kamala Harris on a still from the new Trump website

A new website from the Trump campaign lists how much tax increases voters can expect when Trump’s tax cuts expire next year. (KamalaTaxIncrease.com)

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“When Kamala is in Pennsylvania, Michigan and Wisconsin this week – will she tell voters that they will pay, on average, more than $2,000 more in taxes per year if she is elected and lets the Trump tax cuts expire? The choice is simple – more money in your pockets with President Trump or higher taxes with Kamala Harris,” Karoline Leavitt, the Trump campaign’s national press secretary, told Fox News Digital.

The average tax increase nationwide is $2,580.57, while residents of “red” states like California and Washington face average increases of $3,360 and $4,375, respectively, the website says.

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According to the data, Florida residents can expect an average tax increase of $3,505 per year, while Nevada residents can expect an increase of $3,523 and Wyoming residents can expect an increase of $4,254.

Trump and Harris divided side by side

Vice President Kamala Harris is eight percentage points ahead of former President Trump among likely voters in Virginia, according to a new ABC News poll ahead of Tuesday’s presidential debate. (Brandon Bell/Getty Images.)

In addition, the Tax Foundation offers a calculator on its website that can break down expected increases based on a person’s personal circumstances, such as income and marital status, to show more detailed data.

In 2017, Trump and his Republican representatives passed the Tax Cuts and Jobs Act, which fundamentally reformed the country’s tax law and, among other things, reduced the top income tax rate for individuals from 39.6 to 37 percent and almost doubled the flat-rate deduction.

However, the law is set to expire in 2025, with Vice President Harris vowing to reverse the Trump-era cuts. She proposes raising the tax rate for large corporations from 21% to 28% and also wants to increase the federal government’s tax deduction for small businesses tenfold, from $5,000 to $50,000.

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Trump has promised to make his entire 2017 tax law permanent if he is re-elected in November.

“He wants to let our tax cuts expire,” Trump said at a rally in New Jersey in May. “Instead of a Biden tax hike, I’m giving you a Trump tax cut for the middle class, the upper class, the lower class, the business class. They’re going to have the biggest tax cut.”

Close-up of Donald Trump at the podium

Former President Trump speaks at the Economic Club of New York and lays out his vision for the economy if he wins a second term. (Getty Images)

Last week, the Chamber of Commerce and 500 companies across the country published an open letter to lawmakers in Washington and the next presidential administration, urging them to keep the Trump tax cuts or risk the United States “the largest tax increase in American history.”

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“While the impact of a massive tax increase on individual Americans is clear, it is critical for policymakers to understand that the expiration of many growth-promoting corporate tax reforms from the Tax Cuts and Jobs Act (TCJA) of 2017 will also dramatically increase costs for families and customers, hurt inner-city businesses, reduce workers’ take-home pay, and lead to the loss of innovation and American jobs,” Neil Bradley, executive vice president and chief policy officer of the U.S. Chamber of Commerce, said in a statement on the letter.

“Pro-growth tax policies not only grow the U.S. economy; they also raise wages for American workers and improve living standards,” the statement continued. “Maintaining and improving pro-growth tax policies ensures that the United States remains globally competitive and can retain and attract businesses, jobs, investment, and innovation here at home.”

Harris promised in July that she would not raise taxes on people earning less than $400,000 a year if she was elected to the Oval Office in November. The Tax Foundation’s Center for Tax Policy also told fact-checking website Verify this week that Trump’s proposed tariffs – which would impose tariffs of between 10 and 20 percent on all imported goods and 60 percent on all goods imported from China – would result in an average increase of more than $6,000 per household.

Get the latest updates on the 2024 election, exclusive interviews and more in our digital election hub, Fox News.

Megan Henney and Breck Dumas of Fox News Digital contributed to this article.

By Jasper

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