Building the middle class may be a ‘defining goal’ under a Harris presidency — how that may shape a key tax credit

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1. “Building up the middle class will be a defining goal of my presidency,” Vice President Kamala Harris said at a political event in West Allis, Wisconsin, on Tuesday — one of her first speeches since becoming the front-runner to replace President Joe Biden as the Democratic candidate for president.

   As the Harris campaign takes shape, tackling the wealth gap is already front and center.

   “When our middle class is strong, American is strong,” she said Tuesday.

   That sentiment revisits an idea she has advocated for previously.

   One of Harris’ signature proposals as senator — known as the LIFT the Middle Class Act, or Livable Incomes for Families Today — would have provided an annual tax credit of up to $3,000 per person (or $6,000 per couple) for lower- and middle-income workers, on top of the benefits they already receive.

   The size of the credit would have amounted to “significant tax relief,” according to the Committee for a Responsible Federal Budget.

   Read more: [https://www.cnbc.com/2024/07/26/what-a-harris-presidency-could-mean-for-her-lift-act-proposal.html](https://www.cnbc.com/2024/07/26/what-a-harris-presidency-could-mean-for-her-lift-act-proposal.html)

2. More spending. They need to quit spending for votes. Wouldn’t a simpler solution be to raise minimum wages to 20 dollars across the board. It would bring in more tax revenue, stimulate the economy and not cost taxpayers anything.

3. She was picked by oligarchs who refused to fund Joe. Kamala won’t give a shit about middle class America.