Tax policy has remained a continued focus for both Vice President Harris and former President Trump as we near the election and the conclusion of their campaigns. Changes to tax policy can have far-reaching implications for individuals, families, and businesses. We have prepared a comprehensive chart below that outlines current tax law alongside proposed tax plans from Vice President Harris and former President Trump. This chart was compiled using information from each candidate’s publicly available tax policies as well as provisions they have each discussed on the campaign trail. Also indicated on the chart are provisions proposed by the Biden/Harris Administration and not explicitly by the Harris campaign.
Comparing Tax Policy
Preparing for Potential Changes
It is always important to note that changes to tax laws require an extensive legislative process. Any proposed adjustments must pass through Congress, where they face debate, revisions, and approval by both the House and Senate before becoming law. While the proposals provide a glimpse into potential changes, there are no guarantees that they will come to fruition. While legislative outcomes are highly uncertain, it is important to remain informed of potential changes that could ultimately impact your personal situation.
Sources
https://taxfoundation.org/blog/harris-unrealized-capital-gains-tax
https://www.eisneramper.com/insights/tax/tax-policy-comparison-0924/
https://taxfoundation.org/research/federal-tax/2024-tax-plans/
https://kamalaharris.com/a-new-way-forward/
https://evolvedtax.com/blog/harris-vs.-trump-tax-plans-2024-presidential-election
https://taxfoundation.org/research/all/federal/kamala-harris-tax-plan-2024/
Wealthspire Advisors LLC and certain of its affiliates are separately registered investment advisers. © 2026 Wealthspire
This material should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. The information provided is for informational purposes only and should not be relied upon for accounting, legal, or tax advice. While the information is deemed reliable, Wealthspire cannot guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with regard to the results to be obtained from its use.
Wealthspire and its representatives do not provide legal or tax advice, and Wealthspire does not act as law, accounting, or tax firm. Services provided by Wealthspire are not intended to replace any tax, legal or accounting advice from a tax/legal/accounting professional. The services of an appropriate professional should be sought regarding your individual situation. You should not act or refrain from acting based on this content alone without first seeking advice from your tax and/or legal advisors.
Certain employees of Wealthspire may be certified public accountants or licensed to practice law. However, these employees do not provide tax, legal, or accounting services to any of clients of Wealthspire, and clients should be mindful that no attorney/client relationship is established with any of Wealthspire's employees who are also licensed attorneys.
Please Note: Limitations. The achievement of any professional designation, certification, degree, or license, recognition by publications, media, or other organizations, membership in any professional organization, or any amount of prior experience or success, should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results or satisfaction if Wealthspire is engaged, or continues to be engaged, to provide investment advisory services, nor should it be construed as a current or past endorsement of Wealthspire by any of its clients or a third party.
Registration of an investment advisor does not imply that Wealthspire or any of its principals or employees possess a particular level of skill or training in the investment advisory business or any other business.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.
