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Kamala Harris - President Democrat Candidate
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Make income tax cuts permanent. Cut taxes on capital gains, corporate income, & estates. Terminate payroll & Social Security taxes. No new taxes on natural gas, carbon, or 401(k)s.
Description: Kamala Doesn’t Care if Her Carbon Tax Hits Consumers "There has to be some connection between the fee and bad behaviors... We'd have to monitor whether that is passed on to consumers, but I'm gonna tell you that should never be the reason not to actually put a fee, and particularly a carbon fee. So part of my plan is that we will require all elements of industry to actually score and they will be scored based on the carbon imprint that their business creates. And we will score that. So again that industry.. that business and we can all be aware of and measure the impact of their behavior on the environment."
Source: Video Posted On YouTube By Americans for Tax Reform Media
Description: "In 2017, [Harris] co-sponsored Sen. Bernard Sanders’ 'Medicare for All' legislation, which would have banned private health insurance and created a government-run system open to everyone, including illegal immigrants. When she ran for president in 2019, Ms. Harris modified her proposal to expand Medicare to allow private insurance to offer a plan in the system. At the end of 10 years, everyone would be enrolled in Medicare, either through a new Medicare plan or one offered by the private insurance system. To pay for the proposal, Ms. Harris proposed taxing Wall Street transactions and imposing a 4% tax on households earning more than $100,000 annually, with specific exemptions for households in high-cost areas." Also, Kamala: "Let’s be clear: If you make under $400,000 a year, you won’t pay a penny more in taxes under our administration."
Source: The Washington Times Article
Link: https://www.washingtontimes.com/news/2024/jul/25/kamala-harris-liberal-record-follows-her-into-batt/
Description: Was tie-breaking vote on Inflation Reduction Act: Established the Natural Gas Tax
Source: Congressional Website
Description: "To pay for this specific change, I would tax Wall Street stock trades at 0.2%, bond trades at 0.1%, and derivative transactions at 0.002%. Think of it like this: that’s a $2 fee on a $1,000 trade by investors and big banks. I would also end foreign tax shelters by taxing offshore corporate income at the same rate as domestic corporate income."
Source: Posted On Medium By Kamala Harris
Link: https://kamalaharris.medium.com/my-plan-for-medicare-for-all-7730370dd421
Description: "We will pay for this plan by increasing the estate tax for the top 1 percent of taxpayers and cracking down on loopholes that let the very wealthiest, with estates worth multiple millions or billions of dollars, avoid paying their fair share."
Source: The Washington Post Article (Archived)
Link: https://archive.ph/XU0wz
Description: "Vice President Kamala Harris is on record in support of a national wealth tax. In March, the Biden-Harris Administration released its official Fiscal Year 2025 budget proposal which calls for the creation of an annual 25 percent minimum tax on the unrealized gains of individuals with income and assets that exceed $100 million. Once in place, progressives will ensure the tax grows to hit more and more Americans over time. Harris has not been shy in taking ownership of Biden-Harris FY 2025 budget, noting in a March post on X that the budget plan was jointly put forward by her and Biden."
Source: Americans For Tax Reform Article
Link: https://www.atr.org/kamala-harris-wants-to-impose-a-national-wealth-tax/
Description: "Vice President Kamala Harris backs hiking the current 21% federal corporate income tax rate to 35%, higher than socialist Venezuela’s 34% rate."
Source: Americans For Tax Reform Article
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The issue statements do not necessarily coincide with the views of Candidate Fact Sheet. This candidate fact sheet has been reviewed by a Constitutional attorney & is safe to distribute to churches.
