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VIDEO: Kamala Harris Says the First Thing to Go Is the Trump Tax Cut

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Kamala Harris took to the stage at a recent rally in McAllen, Texas, and told he largely Hispanic crowd that the first thing that will happen under a Biden administration is the repeal of the Trump tax cuts.

“I promise you this, as a first order of business, Joe Biden and I are about to work to get rid of that tax cut,” she said.

Democrats and the Biden Campaign have routinely mischaracterized the impact of the Tax Cuts and Jobs Act of 2017 (TCJA), claiming the package gave huge tax breaks to the rich while ignoring the Middle Class.

In fact, the TCJA – commonly referred to as the Trump tax cuts, gave a substantial amount of relief to the Middle Class while actually raising taxes on the highest tax bracket.

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The cuts almost doubled the standard deduction for singles from $6,350 in 2017 to $12,000 in 2018; virtually doubled the standard deduction for married couples from $12,700 to $24,400; and raised the child tax credit from $1,000 in 2017 to $2,000 in 2018.

Conversely, the President’s tax cuts raised taxes on the wealthiest people in the country by capping the ability to deduct state and local taxes from reported federal income to $10,000. Prior to the TCJA, the rich were able to deduct the total amount of their local and state taxes from their federal income tax liability.

In effect, getting rid of the Trump tax cuts would kill the deductions that working people and families can now take almost in half. It would be a massive tax increase. For a federal incomes tax bracket of 20 percent, that would be an annual tax increase of around $2300.

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About the Author:
Frank Salvato is the co-host of the Underground USA podcast and host of the National File podcast RightMinded. His writing has been recognized by the US House International Relations Committee and the Japan Center for Conflict Prevention, and has been published by The American Enterprise Institute, The Washington Times, Accuracy in Media, and Breitbart. Mr. Salvato appeared on The O'Reilly Factor on FOX News Channel and is the author of six books examining internal and external threats facing our country. He can be heard twice weekly on “The Captain’s America: Third Watch” radio program syndicated nationally on the Salem Broadcasting Network and Genesis Communications affiliate stations.




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