Democratic Primary Debate: on Tax Reform


Amy Klobuchar: Repeal significant portions of Trump tax bill

Q: Will a wealth tax work?

KLOBUCHAR: It could work. I am open to it. I would repeal significant portions of that tax bill that helped the rich, including what he did with the corporate tax rate, including what he did on international taxation. You add it all up, you got a lot of money that one, helps pay for that childcare, protects that dignity of work, makes sure we have decent retirement and makes sure that our kids can go to good schools.

Source: October Democratic CNN/NYTimes Primary debate Oct 15, 2019

Andrew Yang: Wealth tax didn't work where it was tried

A wealth tax makes a lot of sense in principle. The problem is that it's been tried in Germany, France, Denmark, Sweden, and all of those countries ended up repealing it because it had massive implementation problems and did not generate the revenue that they'd projected. If we can't learn from the failed experiences of other countries, what can we learn from? We should not be looking to other countries' mistakes. Instead, we should look at what [they] still have, which is a value-add
Source: October Democratic CNN/NYTimes Primary debate Oct 15, 2019

  • The above quotations are from Democratic Primary Debate in Ohio, hosted by CNN and the New York Times.
  • Click here for definitions & background information on Tax Reform.
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  • Click here for more quotes by Elizabeth Warren on Tax Reform.
  • Click here for more quotes by Kamala Harris on Tax Reform.
2020 Presidential contenders on Tax Reform:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Feb 09, 2020