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Vice President Kamala Harris voted against the Trump Tax Cuts and Jobs Act when she was a senator in 2017, which doubled the child tax credit, a tax credit she now hopes to dramatically raise.At a time when corporate profits are at an all-time high and pay for workers has stagnated, my Republican colleagues have given corporations and the top 1% of Americans a permanent tax cut. This plan does this by adding $1 trillion to the deficit and asking workers and middle class families to pay for it.
Under this bill, 572,000 tax payers making over $1 million a year will get $34 billion in tax cuts in a single year. If you’re a senior relying on Medicare, this tax plan puts you at risk by slashing Medicare by up to $410 billion over a decade, with more than $45 billion of those cuts hitting California.
Harris wrote in 2017, “The Republican tax bill that passed the Senate is a travesty. It gives even more tax breaks to the top 1% and permanently cuts corporate tax rates at the expense of middle class families. This isn’t what Americans wanted, and it’s up to us to fight back at the ballot box in 2018.”
The Republican tax bill that passed the Senate is a travesty. It gives even more tax breaks to the top 1% and permanently cuts corporate tax rates at the expense of middle class families. This isn’t what Americans wanted, and it’s up to us to fight back at the ballot box in 2018.the child tax credit. After Vance first called to expand the child tax credit to $5,000, Harris soon after called to expand the credit to $6,000.WSJ’s Strassel: Kamala Owns the DNC Anti-Israel Protest ChaosKY Gov.
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