Why should I try again, if you just ignore what is in the link? Are you asking me to cut and paste everything in the link rather than you clicking the link?
Sigh. How does Kamala propose middle class tax cuts without increasing deficits? From the link,
Harris policies .
And they say how they will pay for it: by “rolling back Trump’s tax cuts for the wealthiest Americans, enacting a billionaire minimum tax, quadrupling the tax on stock buybacks, and other reforms,” including an increase in the capital gains tax for millionaires. We know she believes this, and that it is the fiscally responsible thing to do. Our best tax regime, along with our best economy, was in the late 1950s, and we should return to it; our current regime is not only harmful economically, it’s a threat to national security—the rich should be taxed way more here, as they are everywhere else in the world that has a better quality of life.
Their clarity on this point also doesn’t stop with that vague “100 million working and middle-class Americans will get a tax cut.” They actually lay out how they will do that: they “will do this by restoring two tax cuts designed to help middle class and working Americans: the Child Tax Credit and the Earned Income Tax Credit,” including a double credit for newborns. The DNC has always wanted this, so there is no doubt Harris-Walz will press for it, and it will help a lot of people. Taxes should be lower on the poor (especially parents raising children, if you believe in family values) and higher on the rich, and all past evidence in our country, and all evidence from present peer countries, demonstrates that that always works out better for everyone by every pertinent metric.