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yuiyoshida

(42,718 posts)
Tue May 7, 2019, 05:47 AM May 2019

Kamala Harris Calls for Full Repeal of Trump's 2017 Tax Law





Senator Kamala Harris said she’d seek to repeal all of President Donald Trump’s 2017 tax overhaul, including its breaks for wealthy earners, corporations and the middle class.

“Get rid of the whole thing,” the California Democrat and presidential contender said after a campaign event in Detroit.

Her campaign spokesman Ian Sams said she’d seek to replace the law with her proposed LIFT Act, a nearly $3 trillion refundable tax cut focused on middle income earners.

Harris’s stance goes further than most Democrats, who have called for repealing parts of the 2017 law that grants steep tax breaks for corporations and upper earners, as well as restoring the full state and local tax deduction, which was limited to $10,000.

Getting rid of the entire law would also mean repealing the doubling of the standard deduction and higher child tax credit, which benefit middle-class Americans. While the law as a whole is unpopular, those provisions poll well.

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https://www.bloomberg.com/news/articles/2019-05-07/kamala-harris-calls-for-full-repeal-of-trump-s-2017-tax-law
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