• finitebanjo@lemmy.world
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    23 hours ago

    And also immediately following that

    And their plan will reform the international tax system so that corporations can no longer get big rewards for shifting jobs and profits overseas. Vice President Harris and Governor Walz’s plan will also quadruple the tax rate on corporate stock buybacks to encourage businesses to invest in growth and productivity.

    It also talks about returning the Capital Gains tax rate to the way it was in 1986.

    I could swear it also mentioned the unrealized gains tax plan they wanted to implement but that isn’t shown here.

    • chortle_tortle@mander.xyz
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      20 hours ago

      So we have given up on the other two claims then right, she hasn’t been for medicare for all since the 2020 primary, right? Further when it goes on to say,

      the same rate previously put in place in the 1986 bipartisan tax reform and well below the rate proposed in the Administration’s Fiscal Year 2025 budget. In their view, this approach strikes the right balance.

      Can you see why this didn’t capture the enthusiasm of a voting population that is largely very sick of slow incremental changes that are so desperately in line with the status quo? People get inspired by a fighter, and ‘finding a nice balance’ on how much we should tax the corporations during what people view as rapid greed driven inflation.

      That is a assuming they are in the weeds deep enough to even to know what she is doing. This article describing the steps paints a picture of someone that’s serious about money in politics.

      This on top of Gaza, on top of Biden taking so long to drop out and have no primary. It sets the stage for a candidate that democrats didn’t fall in love with, and lost to the republicans falling in line.

      • finitebanjo@lemmy.world
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        20 hours ago

        The guy who won made the effective corporate tax rate less than 10%.

        The Harris administration wanted to raise tax on the rich and keep the same or lower the taxes of everyone else from before the TCJA raised taxes on middle class and below. Simple as.

        As for Medicaid for All, she supports it, but its not a presidential policy because it requires 60 senators. The Biden admin helped relieve many from medical debts and also had medical debts stricken from everyones credit reports.