Sunday Political Talk Show interviews during 2020-2024: on Tax Reform


Cornel West: Advocates taxing the rich; has $500K+ in federal tax liens

West has long advocated for taxing the rich to provide more services to America's lower classes. But materials filed in Mercer County, New Jersey, where West owns a home, and in Los Angeles--the location of his personal attorney's office--reveal a second, secret motif to his hugely lucrative professional life: a failure to pay his own taxes. These documents show a total of $543,778.78 in outstanding federal tax liens against the professor, activist, and writer.
Source: The Daily Beast FactCheck on 2024 Presidential hopefuls Aug 3, 2023

Donald Trump: OpEd: across-the-board tariffs are a sales tax in disguise

One of the best things that can be said for Ms Harris's economic agenda is that it will probably be less damaging than Mr Trump's. She is clearly against the tariff increases her opponent has promised. Many of her proposals amount to adjustments to existing policies, rather than representing a wholesale recrafting of America's economic system. Mr Trump, by contrast, may be able to use the power of the presidency to slap across-the-board tariffs on all imports to America, the central plank of his economic programme--and one that Ms Harris has criticised, correctly, as being a sales tax in disguise.

"Trump really seems to think that we'd be better off as an autarkic economy," says [a Harvard analyst]. "Harris helped to implement a lot of buy-American rules, so it seems she's bought into the anti-globalisation stuff to some extent."

"Not as bad as the other candidate" would be a poor campaign slogan. It is, however, an accurate summary of Ms Harris's economic plans. ¦

Source: The Economist on 2024 Presidential hopefuls Aug 21, 2024

Kamala Harris: LIFT the Middle Class: supercharge earned-income tax credit

Harris pressed for a new tax credit geared at low- and middle-income families with and without children in her LIFT the Middle Class Act. Under that 2018 proposal, income-eligible single filers under the income caps would have received up to $3,000 and married couples up to $6,000. Though phaseouts would have varied, $100,000 was the final cutoff for any tax credits.

That sounds a lot like the monthly installments the IRS paid to parents in 2021, when Democrats boosted the child tax credit under the pandemic-era American Rescue Plan. The Harris proposal would have been on top of the child tax credit and the earned-income tax credit. It would have been expensive, costing approximately $3.1 trillion.

The LIFT act amounted to a "supercharged" earned-income tax credit, [one anlayst] said. But it's also "ancient history." The Democrats' focus now could be on the child tax credit in the wake of the 2021 increase and its looming decrease to $1,000 from $2,000.

Source: Morningstar Review on 2024 Presidential hopefuls Jul 27, 2024

Kamala Harris: I will deliver tax cuts to working people and middle class

We are not going back because we also know Donald Trump would deliver tax cuts to his billionaire donors. I will deliver tax cuts to working people and the middle class. I will make sure you have a chance not just to get by, but to get ahead. Because I believe in honoring the dignity of work. I will enact the first ever federal ban on price gouging on groceries, cap the price of insulin and limit out-of-pocket prescription costs for all Americans. I will fight to make sure that hardworking Americans can actually afford a place to live.

As president, I will fight to help home buyers with your down payment, take on the companies that are jacking up rents and build millions of new homes. For years, we have heard excuses about why America can't build enough housing, enough with the excuses. I'm going to cut the red tape and work with the private sector and local governments to speed up building and get it done.

Source: 2024 Presidential hopefuls: Rally on the Ellipse Oct 30, 2024

  • The above quotations are from Interviews and analysis of presidential hopefuls for 2024.
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  • Click here for more quotes by Mike Pence on Tax Reform.
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2024 Presidential contenders on Tax Reform:
  Candidates for President & Vice-President:
V.P.Kamala Harris (D-CA)
Robert F. Kennedy Jr.(I-CA)
Chase Oliver(L-GA)
Dr.Jill Stein(D-MA)
Former Pres.Donald Trump(R-FL)
Sen.J.D.Vance(R-OH)
Gov.Tim Walz(D-MN)
Dr.Cornel West(I-NJ)

2024 presidential primary contenders:
Pres.Joe_Biden(D-DE)
N.D.Gov.Doug Burgum(R)
N.J.Gov.Chris_Christie(R)
Fla.Gov.Ron_DeSantis(R)
S.C.Gov.Nikki_Haley(R)
Ark.Gov.Asa_Hutchinson(R)
Former V.P.Mike Pence(R-IN)
U.S.Rep.Dean_Phillips(D-MN)
Vivek_Ramaswamy(R-OH)
S.C.Sen.Tim_Scott(R)
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Page last updated: Nov 03, 2024