Kamala Harris has repeatedly vowed to repeal the Tax Cuts and Jobs Act “on Day One.”
Such a repeal of the Trump tax cuts would result in an across-the-board income tax increase, a Death Tax hike, a small business tax hike, take away the doubled child tax credit and the expanded standard deduction, and impose a 35% federal corporate income tax rate — a rate even higher than communist China and Maduro’s Venezuela.
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