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Saturday, September 21, 2024

All Saints' parishioner: Harris' tax plans 'devastating' for families

Webp schneider

All Saints Catholic Church in Hampstead | Provided Photo

All Saints Catholic Church in Hampstead | Provided Photo

Yvonne Schneider, a Hampstead resident and member of the All Saints parish, said Vice President Kamala Harris' plans for tax policies "sound devastating" for families.

“While all I know about these tax cuts is what you have told me, it does sound devastating if families need to pay an extra $2k for each child,” Schneider said. “I’m positive that Harris will claim she has an alternative to save families these monies. So people will just be more confused when they hear about that, even though it’s likely to be a lie based on her history of lying."

"In this election, the important three issues to emphasize repeatedly are the border, inflation, and foreign policy," she said. "These three are huge failures for the Biden-Harris administration that tangibly affect every American. If we just emphasize these, Harris will not be able to defend these failures in a convincing way.”

Democratic Presidential Candidate and current Vice President Kamala Harris supports ending Trump-era tax cuts, making finances even more difficult for families with many children in this time of economic uncertainty.

While Kamala supports expanding the welfare side of the child credit, she is in favor of killing the Trump-era tax cuts, hurting American families across the board.  

“By ending the Trump tax cuts, Kamala would increase your taxes $1000 per kid minimum,” said Tom McClusky, Director of Government Affairs for CatholicVote. 

The Tax Cuts and Jobs Act (TCJA) of 2017 “reduced average tax rates for taxpayers at all income levels because it lowered marginal tax rates, widened tax brackets, doubled the child tax credit and zeroed out personal and dependent exemptions, nearly doubled the standard deduction, and limited several itemized deductions and the alternative minimum tax, among other changes,” as reported by the Tax Foundation.

“Kamala Harris wants to end the Trump tax cuts,” commented Josh Mercer, Editor of the Loop at CatholicVote, “that would mean cutting the Child Tax Credit in half and also increasing the tax rates on lower and middle class voters.”

“These tax cuts have helped average Americans across the country afford groceries, bills, and other expenses during this time of inflation,” continued Mercer. “Ending the Child Tax Credit can only be seen as an attack on traditional American families.”

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