No one making less than $400,000 a year would see their taxes go up under the plan. Instead, Ms. Harris is seeking to significantly raise taxes on the wealthiest Americans and large corporations. Congress has previously rejected many of these tax ideas, even when Democrats controlled both chambers.

  • Maven (famous)@lemmy.zip
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    2 months ago

    If we stopped spending extreme amounts on military operations unrelated to the US then we would be able to lower our taxes easily.

    We also subsidize a lot of healthcare insurance companies so moving towards universal healthcare would ALSO lower our taxes Source

    (Here’s a yale study showing that it would save Americans $450 Billion per year: Yale study)

    Personally, I’m in favor of doing both of those but keeping our taxes exactly the same so we can use the extra money to either repay the national debt or fund a robust social services system that would give us significantly better living conditions overall (such as free lunches for kids in school and easy government assistance on housing).

    • K1nsey6
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      2 months ago

      Keeping taxes the same wouldnt result in repaying the debt, Or impacting social service system that will lead to better living conditions. It will still go into pockets of capitalists.