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Tuesday, May 7, 2019

Stupidity at it's highest form





Kamala Harris calls for scrapping Trump tax law: 'Get rid of the whole thing'





You would have to be living on Mars to be oblivious to the BOOMING
economy!!! And one of the principal reasons is the Trump tax cuts.





© Getty Kamala Harris calls for scrapping Trump tax law: 'Get rid of the whole thing'



Sen. Kamala Harris (D-Calif.), a 2020 Democratic presidential contender, called for the total repeal of the 2017 tax reform law Monday, saying the U.S. should "get rid of the whole thing," according to Bloomberg.

Harris made the remarks after an American Federation of Teachers (AFT) event in Detroit, setting her apart from several competitors for the Democratic presidential nomination who have called for only a partial repeal of the GOP-backed law. A total repeal would eliminate some of the law's more popular provisions, such as doubling the standard deduction and increasing the child tax credit, according to the report.

During her speech to the AFT, Harris imagined a critic of her education plan demanding answers on how she would pay for it.

"On Day One, we're going to repeal that tax bill that benefited the top 1 percent and corporations," she said.

Ian Sams, Harris's campaign spokesman, told Bloomberg that the California Democrat would look to replace the 2017 law with the LIFT Act, legislation she has proposed that would involve nearly $3 trillion in refundable tax cuts primarily affecting the middle class.

Before launching her White House run, Harris announced a plan to give working families up to $6,000 annually, echoing a similar proposal by Sen. Sherrod Brown (D-Ohio) and Rep. Ro Khanna (D-Calif.), which would be paid for by repealing the tax cuts.

Sen. Kirsten Gillibrand (D-N.Y.) has called for making the law's middle-class tax cuts permanent but repealing its corporate tax cuts, putting the savings toward expanding the earned income tax credit and the child and dependent care tax credit. Sens. Cory Booker (D-N.J.) and Amy Klobuchar (D-Minn.), meanwhile, have proposed rolling back the cuts in support of an expansion of the earned income tax credit.








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