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new tax incentiveRSM US | Assurance, tax, consulting services for the middle market
•85% Informative
Harris proposed a new tax incentive for homebuilders who build starter homes sold to first -time homebuyers.
She also proposed a $40 billion innovation fund intended to spur innovative housing construction among local governments.
These proposals closely track, and in some cases expand, those of President Joe Biden ’s provisions around affordable housing.
Vice President Harris ’ emergence as the presidential nominee for Democrats has placed scrutiny on where she currently stands on key issues.
An outright repeal of TCJA would portend significant tax changes across the spectrum, including reversion to a top 35% corporate tax rate.
The CRFB has estimated that the provisions would increase deficits by $1.7 trillion over a decade .
VR Score
88
Informative language
88
Neutral language
46
Article tone
formal
Language
English
Language complexity
65
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
3
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