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JD Vance on Tax Reform
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Eliminate SALT deduction: it's massively redistributive
2019: "VANCE: When I think about [Trump's 2017] tax cut legislation, which was OK, it wasn't terrible, but it wasn't great. If I think about the health care legislation which I think was genuinely a moral and political disaster and I'm glad that it
never passed." [American Conservative via YouTube, 6/5/19]2024: "Vance is quietly critical of Trump's signature legislative achievement, the 2017 tax bill, parts of which he views as regrettable vestiges of McConnell-style conservatism. When I asked
him about it, Vance praised parts of the bill--including the elimination of the SALT deduction, which he called 'massively redistributive toward the lower- and middle-income brackets'--while criticizing other elements. Vance admitted that he would have
voted for Trump's tax bill if he had been in the Senate." [Politico, 3/15/24]
2024: "Trump is promising to extend the parts of the 2017 tax law that are set to expire next year, and Vance is expected to support that effort." [Washington Post, 7/16/24]
Source: Washington Post in 2024 Trump Research Book
, Aug 2, 2024
Oppose redistribution of income; support raising families
Q: Redistribution of income is needed to lessen the gap between the wealthy and working classes.A: Strongly Disagree
Q: The government should cut spending in order to reduce the national debt.
A: Strongly Agree
Q: What changes, if any, should be made to the tax code?
A: We need to get rid of the marriage penalty. We need to make it easier for married men and women to have children, own a home and raise a family.
Source: American Family Association 2022 iVoterGuide
, Nov 1, 2022
Tax "social justice" nonprofits, pay down their endowments
A principal target for GOP opponents of woke capital, Vance suggests, should be capital held by nonprofits like Harvard and the Ford Foundation "that are destroying our country." In a speech earlier this month before the conservative
Claremont Institute, Vance said, "All across the country we have nonprofits, big foundations, that are effectively social justice hedge funds." They should be forced to pay tax and to pay down more of their endowments, he said.
Source: The New Republic on 2022 Ohio Senate race
, May 27, 2021
Page last updated: Oct 30, 2024; copyright 1999-2022 Jesse Gordon and OnTheIssues.org