What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far
What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far
The vice president supports the tax increases proposed by the Biden White House, according to her campaign.
No one making less than $400,000 a year would see their taxes go up under the plan. Instead, Ms. Harris is seeking to significantly raise taxes on the wealthiest Americans and large corporations. Congress has previously rejected many of these tax ideas, even when Democrats controlled both chambers.
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would see their taxes go up under the plan
That's still a problem, we need our taxes to go down.
How to tell someone's politics are bullshit:
- Their big priority is taxes going down
- They blame immigrants for things
- They hate "regulation"
How do you feel about 2 and 3?
Do you not agree your taxes this last year were too high? Is that the level you want them frozen at?
Dude they’re going to put me in prison for being a Democrat and shut down the elections in the future, they’re trying to deport all the Mexicans, everyone is fine with all of Palestine being exterminated (or close enough to “fine” not to stop it). The planet is dying, the oceans are boiling. A lot of places people used to live are literally killing the inhabitants now. All of Florida is so dangerous to housing that it’s functionally uninsurable.
So no, I don’t give a shit about my taxes, or yours. It’s also relevant that Biden / Harris have been making some attempt at income equality so that the rich will pay more than 0% tax and people will start to make more than 8 bucks an hour and rent will be less than half my income. But honestly, even those are sort of second tier concerns. As far as things I put genuine worry into, taxes don’t even come on the fucking radar, and if they do yours, I want your life.
The only thing they're attempting is to stay in power. They don't give a flying fuck about immigrants, Palestine, the planet, the oceans, Their primary concern is staying in power and it doesn't matter if it's the red fascist or the blue fascists. The outcome is the same. They all take money from the same corporations, from the same bankers, from the same lobbyists. for the same outcome.
it doesn't matter if it's the red fascist or the blue fascists
Ah haaaaaa
All of a sudden your totally bizarre take on what is important makes sense
Carry on
For future reference, I think the “lowering taxes is a SUPER important goal” stuff should be separated from the “I am SO far left that I can’t tell the difference between literal Nazis and insufficiently progressive centrists” stuff. It’s incongruous in a very weird way, and taxes are just not an issue that will get a lot of traction on Lemmy. Focus on Gaza instead.
And to answer your other 2 points, there are no immigrants/illegals on stolen land. and there should be no corporations so regulation wouldnt be needed.
Dude you can’t walk it back from “I make $400k a year, taxes are my chief concern” to abolishing corporations and saying you’re a communist now
I can send you my cash app if you want to do some “from each according to his ability” tho
I never said they were my chief concern. I said everyone's taxes should be lower, and that would include yours if you pay taxes.
from each according to his ability
Pertains to a society as a whole, not someone that just wants to take from the system. by offering your cash app you are just wanting to take.
Not true. I already gave you some valuable feedback on your hustle. I can’t promise that you’ll make any more money if you implement my recommendations, but it will improve your job performance, if you take it on.
It’s okay though. I am happy to provide it for free.
Do you make more than $400,000 a year?
I do, and this last year every tax bracket except the rich saw a tax increase. Under this tax proposal it would keep Trump's tax margin in place but wouldn't go up. It needs to come back down to pre2017 levels.
Congratulations! Your income is higher than 99%+ of people in the country, and you (and the people who make obscene amounts more than even you a year) should be paying more in taxes.
You, umm.. might wanna think about not talking while us vast-majority-of-the-working-class are discussing how we are going to eat the rich.. just a thought. I know people in your tax bracket, and they are all wildly out of touch with society, just like you appear to be. The most I can make in my area, degreed and with skills and all, is 40k, literally 10x lower than what you make. And you have the absolute audacity to complain.
So.. like… Nobody cares about your “struggle”. At all. Literally nobody ever. You are part of the problem as far as most people are concerned. And you probably actually are part of the problem to be whining like this, anyway.
Sure, the communist is so out of touch with society.
Fucking lol, yeah right homie, I’m unconvinced and all my comrades will be similarly.
I’m an actual anarcho-communist, and nothing you’ve said makes me think you have even the slightest idea what communism even is.
Im gonna wager Ive been an active communist longer than youve been alive
I’m gunna wager you’re a lying sack of shit and aren’t a communist at all. See, only one of us can be right, and it isn’t you :)
If you are a commie, prove it. Nothing you’ve said so far (and I’m not going to dig through your post history; I have standards.) leads a person to believe you.. so make me believe you.
I'm not communist because I said taxes need to go down? No one that has any form of communist in their name would be advocating for taxes of any sort. Or does it bother you more that a communist actually makes a decent living? Or that my business is setup as a coopt where everyone makes an equal portion, has equal equity, and equal input in the direction of the company? A business where everyone owns what they produce?
You know what's pre2017? 1980, and I agree with that.
Why?
Oh cry us a river
What are you missing out on as a result of your current taxation level?
I'm not missing that at anything, If you'll notice, I advocated lower taxes for people that had their taxes raised these last few years.
Strong disagree... it's a problem because we need our taxes to go up so that we can actually fund public services without going into deeper debt. I'm cool with everyone under 80k not seeing a tax increase but the rest of us are paying unrealistically low taxes.
I’d like to see people making 50k and under pay 0 in tax, but still get tax breaks in the form of refunds, and have those who make 400k+ and businesses make up the entirety of the lack. (Assuming we can’t do UBI for whatever conservative bullshit reason)
It’s much easier to do that way than the way we are doing it now with taking from people who have next to nothing to spare..
Depends on where those taxes are used. I really hate how much goes to our military instead of social services.
That is a quite fair concern, especially given what our military tends to do with that money.
Federal taxes do not fuel government spending.
Way to miss the forest for the trees. Though you probably figured no one should bother to read the article:
The expiring measures included a broader standard deduction, lower marginal income rates for many Americans, and a generous deduction for owners of many closely-held businesses. The White House tax plan states that Americans making less than $400,000 should not see tax increases in a deal. That means that Ms. Harris wants to extend much of the Tax Cuts and Jobs Act, her Republican rival’s signature legislative accomplishment.
If we stopped spending extreme amounts on military operations unrelated to the US then we would be able to lower our taxes easily.
We also subsidize a lot of healthcare insurance companies so moving towards universal healthcare would ALSO lower our taxes Source
(Here's a yale study showing that it would save Americans $450 Billion per year: Yale study)
Personally, I'm in favor of doing both of those but keeping our taxes exactly the same so we can use the extra money to either repay the national debt or fund a robust social services system that would give us significantly better living conditions overall (such as free lunches for kids in school and easy government assistance on housing).
Keeping taxes the same wouldnt result in repaying the debt, Or impacting social service system that will lead to better living conditions. It will still go into pockets of capitalists.
