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Kamala Harris wants to repeal Trump's tax cuts // replace them with cash payouts for the poor
cnbc.com ^ | 10/19/18 | Ylan Mui

Posted on 10/20/2018 4:10:32 AM PDT by a little elbow grease

Kamala Harris and other prominent Democrats want to repeal Trump's tax cuts and replace them with cash payouts for the poor and working class

With midterm elections 2½ weeks away and the 2020 presidential race around the corner, prominent Democrats are embracing an ambitious idea: Repeal and replace the $1.5 trillion Republican tax plan.

The proposals would get rid of the tax cuts and, in turn, funnel that money into government-guaranteed cash for low- and middle-income households.

Sen. Kamala Harris, D-Calif., announced a plan this week that would give working families up to $6,000 each year, with the option of receiving monthly payments. Sen. Sherrod Brown, D-Ohio, and Rep. Ro Khanna, D-Calif., outlined a similar idea last year. A bill from Rep. Bonnie Watson Coleman, D-N.J., would allow family caregivers and students to receive the money as well.

(Excerpt) Read more at cnbc.com ...


TOPICS: Culture/Society; Government; News/Current Events; Politics/Elections; US: California
KEYWORDS: anchorbaby; california; incometaxes; india; jamaica; kamala; kamalaharris; repeal; taxcuts; taxcutsandjobsact; taxreform; tcja; trumptaxcuts
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To: a little elbow grease

When all the other scandals fail, throw cash at the LIV (low information voters)


21 posted on 10/20/2018 4:38:27 AM PDT by onona (It is often wise to allow a person a graceful path.)
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To: a little elbow grease

Good time to be a pimp and a drug dealer.


22 posted on 10/20/2018 4:42:00 AM PDT by Berlin_Freeper (名 方)
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To: a little elbow grease

Loons on parade.


23 posted on 10/20/2018 4:46:39 AM PDT by GoldenPup
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To: a little elbow grease

the thoughts I have cannot be printed here


24 posted on 10/20/2018 4:47:09 AM PDT by Dont tread and Live (waso)
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To: onona

Destroying the economy because Democrats are politically disadvantaged by it seems like such a brilliant idea.

Obamanomics on steroids. Like they messed up health care, they want to take a giant wrecking ball to the economy.

They’re people who have no idea what they’re doing and after giving us free health care that turned to be more expensive, they want to give some of us free cash.

In the process, raising everyone else’s costs of living and reducing every one else’s take home pay.

That’s the way to turbocharge the economy? More like to flatline it.


25 posted on 10/20/2018 4:47:14 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: FlingWingFlyer
"The retarded broad needs to go back to boinking Red Star Willie Brown."

______________________

"Red Star" ------ you got that right.

26 posted on 10/20/2018 4:47:41 AM PDT by a little elbow grease (duct tape and cable ties hold more worth than pussy hats and resistance)
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To: 2ndDivisionVet
"Facebook co-founder wants to repeal Trump tax cuts to pay for a $500 per month basic worker income"

________________

LOL...... Cheapskate!

;-)

27 posted on 10/20/2018 4:50:06 AM PDT by a little elbow grease (duct tape and cable ties hold more worth than pussy hats and resistance)
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To: a little elbow grease

28 posted on 10/20/2018 4:51:25 AM PDT by OttawaFreeper ("The Gardens was founded by men-sportsmen-who fought for their country" Conn Smythe, 1966)
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To: a little elbow grease

Kommiela Harris. The girl can’t help it.


29 posted on 10/20/2018 4:53:04 AM PDT by HighSierra5
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To: a little elbow grease

Why doesn’t he fund it out of his own pocket?

He’s rich enough to make if work - let him put his money where his mouth is.


30 posted on 10/20/2018 4:53:31 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop

Boy, it would have been better if the Democrats announced they were cutting taxes on families making up to X by $6,000 a year.

That would twist their noodle.


31 posted on 10/20/2018 4:54:36 AM PDT by EQAndyBuzz (EVERYONE IS UNIQUE! JUST LIKE EVERYONE ELSE!)
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To: Old Yeller
Reparations. Yo!

_____________

That's next.

;-)

32 posted on 10/20/2018 4:54:51 AM PDT by a little elbow grease (duct tape and cable ties hold more worth than pussy hats and resistance)
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To: CincyRichieRich
Kamala’s nickname should be either Payola Harris or Miss Venezuela. --------------

LOL

33 posted on 10/20/2018 4:55:40 AM PDT by a little elbow grease (duct tape and cable ties hold more worth than pussy hats and resistance)
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To: BenLurkin

Ben Franklin was prescient.

A republic IF we can keep it.


34 posted on 10/20/2018 4:55:42 AM PDT by mewzilla (Has the FBI been spying on members of Congress?)
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To: EQAndyBuzz

People who don’t want to cut your taxes have other plans for the money.


35 posted on 10/20/2018 4:56:13 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: a little elbow grease

And the money comes from where????


36 posted on 10/20/2018 5:00:34 AM PDT by laweeks
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To: a little elbow grease

Socialism is about shared misery. Capitalism is about shared prosperity.


37 posted on 10/20/2018 5:00:39 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: a little elbow grease

This is one of the opening Salvo’s of Harris’s 2020 Campaign. I suggest that the Republicans should not take her lightly. She is an Evil, Manipulative person and if she can corner the Democrat CA Delegation, she can be considered a favorite for their nomination. It isn’t too early to start exposing her for what she is.


38 posted on 10/20/2018 5:01:27 AM PDT by Old Retired Army Guy
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To: laweeks

We need to repeal tax cuts to pay for it.


39 posted on 10/20/2018 5:01:48 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop
And rents and the cost of living in general would go up to reflect this payment.

What is amazing is that there are Liberal economists our there (like Paul Krugman) who believe this kind of program actually works.

Every shop keeper knows more than most economists about how the economy actually works. They know that the price you sell a product for is based on what the market will bear. It's an auction.

All that said, the real downside of Kamala's idea is that it is nothing more than encroaching socialism.

Power is taken from the citizens.

Power is given to the government.

40 posted on 10/20/2018 5:02:05 AM PDT by RoosterRedux
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