Harris has an exotic plan to tax the rich. But it’s not enough. – WaPost
“The bad news is that Harris, like Biden, has pledged not to raise taxes on people making less than $400,000 a year. That is simply not enough to fund our existing commitments and an expansive Democratic agenda. Though this limitation probably seems quite reasonable to six-figure couples in expensive metropolitan areas, earning $400,000 puts you in the top 3 percent of all households. Yes, that group earns a disproportionate share of national income: the top 5 percent of taxpayers take home 42 percent of total adjusted gross income.”
Also, see:
What We Know About Kamala Harris’s $5 Trillion Tax Plan So Far – NYT
X-mas promises: Everyone (except the very rich) gets more. The professional class (earning <$400K) won’t pay more…..
Los Angeles Criminalizes Unhoused People – Human Rights Watch
“Arrests, Tickets, Property Destruction Brutalize People Who Need Housing.”
What Kamala Harris Doesn’t Get About Food Costs – Atlantic