The leftward lurch of the Democratic contenders for the presidency continues. The latest idea? California Senator Kamala Harris has called for repeal of the Trump tax cuts. Not some of them. Or just the “tax cuts for the rich.” But all of them.
Millions of middle-income families have benefited from these tax cuts. And our economy is zooming, while unemployment is low and wages are rising. Repealing the Trump tax cuts would imperil the economic progress that we’ve made over the last several years, slowing job creation and threatening to put us back into economic malaise.
Democrats want to raise taxes to pay for their costly social spending plans, like free college tuition and government-run health care. But the tax hikes they are proposing won’t pay for even a fraction of their plans. And their policy proposals look a lot less attractive when you dig beneath the surface.
It’s up to all of us, the voters, to hold them accountable.Read More »