Kamala / Walz 2028

[KingTaxLV]

Yeah, not looking forward to cleaning gutters on the new house on the 2nd story, but at least they are leaving us a few ladders to make it easier.

[Devil]

I’m at ground level. I’m not climbing anything I don’t have to anymore. Ladders are for suckers. Be careful!

[microbet]

@Devil

Be careful!

Yeah. Don’t reach to clean the gutters from the ladder - your hips or your head should never go past the sides of the ladder.

[wirelessgrinder]

All those black women registering to vote for trump because kamala just became black smh

[Marksman]

[BusinessGenius]

Shoot the thief

[Rugby]

That’s a no for decency then?

[amead]

Hard pass.

[econophile]

https://www.wsj.com/politics/policy/kamala-harris-tax-plan-2024-election-10f95d18?mod=hp_lead_pos2

Harris wants to do far more than address the expiring tax cuts, and her campaign has endorsed all of the proposed tax increases from Biden’s most recent budget.

Under that plan, the top marginal income-tax rate for individuals would climb to 44.6% across almost all income types, compared with today’s lower top rates (23.8% on capital gains, 29.6% on some business income and over 39% on wages). High-income people would still pay lower rates on some of their income, but those marginal rates at the top matter because they can affect decisions about investments.

Harris, adopting Biden’s plan, also would create a novel system that would tax the unrealized capital gains of people with net worth exceeding $100 million. Capital gains currently aren’t taxed until assets are sold, and they are exempt from income tax at death, giving people an incentive to hold assets and pass them to heirs. (Estate taxes can still apply.)

Under the Harris plan, that top slice of households (about 0.01%) would pay an annual minimum tax of 25% of their income—using a broader definition of income that includes unrealized gains. The proposal contains provisions that let taxpayers spread out payments, helps them deal with the difficulty of assessing hard-to-value assets and addresses liquidity constraints. The most far-reaching Harris tax proposal, it might be the least likely to become law and survive court scrutiny.

Under Harris, capital gains for households making at least $1 million would be taxed as ordinary income. Unrealized capital gains, above a $5 million per-person exclusion, would be taxed at death. That tax would have some exemptions for family businesses, residences and personal property.

[simplicitus]

Otoh,

https://x.com/mattyglesias/status/1828450906825695702?t=oKeD6ANinSxeHIp1AvXd7g&s=19

[BusinessGenius]

@econophile

Under Harris, capital gains for households making at least $1 million would be taxed as ordinary income

LFG

[bobman0330]

Rather than looking for the next Stacey Abrams, wouldn’t it be better to find someone who can win against Republicans? It’s a serious misreading to give Abrams credit for Democratic successes in Georgia. She’s an electoral liability

[Huehuecoyotl]

I heard you say that your daughter was discovered to have lice the day after the 2018 election. Can you share how the newly elected Walz-Flanagan ticket handled that early crisis?

My first instinct was to call Congressman Tim Walz, also governor-elect Tim Walz, to say, “Help, my child has lice, and I don’t know what to do.” So that was interesting. But he was amazing. I was super freaked out. We’d never dealt with it before. Siobhan was a total trooper.

He said, “Go to Target, and then FaceTime me from the aisle.” And so I did. He had me show all the different shampoos and stuff. He was like, “This is the one that you get.” And then he’s like, “Once you get home, FaceTime me again.” So I FaceTimed him again from the bathroom, as I’m picking nits out of my child’s hair. And he was amazing and coached me through the whole thing, and that is who Tim Walz is.

https://x.com/MnNiceFC/status/1828839211602194473?t=LVzYFchbqyPHUngvC8joww&s=19

[mosdef]

Taxing the rich more is good, but this is a landmine for them if they don’t message it properly. Republicans will lie and say that tax increases that impact a scant few millionaires and billionaires are actually going to cost “regular people” a lot of money. One way that Harris can lose this election is to get into a month long back and forth about whether tax increases are good or bad. Voters hate tax increases. They better be willing to go full Bernie on this and seize the narrative that they are taxing millionaires and billionaires that are currently getting away with highway robbery and make it purely a values based thing about sticking it to the rich. If they are trying to explain math, then the’re dead.

[pvn]

@Huehuecoyotl

My first instinct was to call Congressman Tim Walz

what

jesus learn how to google or something

[Deuce]

[Dutch101]

I am a big fan of not talking about details around taxing or just straight up lie and then when in power tax the rich at the first opportunity you have. Next election just say it didn’t really have an impact on the rich but provided all these benefits.

[econophile]

WATCH LIVE: Harris and Walz speak in Hinesville during Georgia bus tour stop

Could Vance or Trump address this group for 30 seconds without sounding completely unhinged?

[Coasterbrad]

“How long have you been playing clarinet? Ok good. And you? Good. How about you, how long have you been doing trumpet? Ok, good. How long has this music stand been here? Oh ok, good. I couldn’t tell if it was new or 40 years old. How about that couch? How long has that couch been single? Uh I mean here, how long has it been here? Ok, good. So I guess uhh just play me a song. Jazz, or some of that marching band stuff. Whatever makes sense.”

[BusinessGenius]

I’m so happy there’s a schoolteacher on the ticket

And clearly the kind who built kids up. Not like some of the nightmares I’m sure we all experienced at various points. But the wonderful kind we also all experienced at some point

Like there’s no way history teacher Walz was like my most memorable history teacher, a creepy octogenarian clearly sexually harassing the girls but everyone was too afraid to do anything about it