{"id":393870,"date":"2019-01-23T15:44:59","date_gmt":"2019-01-23T14:44:59","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/kamala-harris-lewrockwell\/"},"modified":"2019-01-23T15:44:59","modified_gmt":"2019-01-23T14:44:59","slug":"kamala-harris-lewrockwell","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/kamala-harris-lewrockwell\/","title":{"rendered":"Kamala Harris &#8211; LewRockwell"},"content":{"rendered":"<div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t                            \t<!-- S3 Cache --><!-- S3:S3:Original -->\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>On the first day of the 116<sup>th<\/sup> Congress (Jan. 3), Senator <a href=\"https:\/\/www.harris.senate.gov\/news\/press-releases\/harris-first-action-of-116th-congress-re-introducing-tax-cut-for-middle-class\">Kamala D. Harris<\/a> (D-CA) re-introduced the LIFT [Livable Incomes for Families Today] the Middle Class Act (<a href=\"https:\/\/www.congress.gov\/bill\/116th-congress\/senate-bill\/4\">S.4<\/a>). The legislation \u201cprovides middle class and working families with a tax credit of up to $6,000 a year\u2014or up to $500 a month\u2014to address the rising cost of living.\u201d<\/p>\n<p>\u201cWe need to make America\u2019s tax code work for working people,\u201d said Senator Harris. \u201cInstead of more tax breaks for the top 1% and corporations, we should be lifting up millions of American families. A real tax cut for middle class families is a good place to start. That is why the LIFT the Middle Class Act is my first priority in the new Congress.\u201d<\/p>\n<p>According to the <a href=\"https:\/\/taxfoundation.org\/senator-harris-lift-middle-class-act-analysis\/\">Tax Foundation<\/a>, the main details of the LIFT the Middle-Class Act are:<span class=\"amazon-element-wrapper-custom align-right\"><br \/>\n<span class=\"amazon-element-med-image\"><span class=\"amazon-image-wrapper\"><a href=\"https:\/\/www.amazon.com\/Free-Society-Laurence-M-Vance\/dp\/0996786937?SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;tag=lrc18-20&amp;linkCode=xm2&amp;camp=2025&amp;creative=165953&amp;creativeASIN=0996786937\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/images-na.ssl-images-amazon.com\/images\/I\/516BfURFutL.jpg\" alt=\"\" class=\"amazon-image amazon-image-medium\"\/><\/a><\/span><\/span><br \/>\n<span class=\"amazon-element-title\"><span class=\"appip-title\"><a href=\"https:\/\/www.amazon.com\/Free-Society-Laurence-M-Vance\/dp\/0996786937?SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;tag=lrc18-20&amp;linkCode=xm2&amp;camp=2025&amp;creative=165953&amp;creativeASIN=0996786937\" target=\"_blank\" rel=\"nofollow\">The Free Society<\/a><\/span><\/span><br \/>\n<span class=\"amazon-element-author\">Laurence M. Vance<\/span><br \/>\n<span class=\"amazon-element-lowest-used\"><span class=\"appip-lowest-used\"><span class=\"appip-label label-lowest-used\">Best Price: <\/span>$12.00<\/span><\/span><br \/>\n<span class=\"amazon-element-formatted-price\"><span class=\"appip-formatted-price\"><span class=\"appip-label label-formatted-price\">Buy New <\/span>$19.95<\/span><\/span><br \/>\n<span class=\"amazon-element-disclaimer-new\"><span style=\"display:block;color:#888;font-size: .80em; padding: 0 0 3px 0;\">(as of 11:35 EST &#8211; <span style=\"cursor:pointer;\" title=\"Product prices and availability are accurate as of the date\/time indicated and are subject to change. Any price and availability information displayed on Amazon.com at the time of purchase will apply to the purchase of this product.\">Details<\/span>)<\/span><\/span><br \/>\n<span class=\"amazon-element-button\"><a target=\"_blank\" href=\"https:\/\/www.amazon.com\/gp\/aws\/cart\/add.html?AssociateTag=lrc18-20&amp;SubscriptionId=AKIAI63WS3YGA3Y5U2QA&amp;ASIN.1=0996786937&amp;Quantity.1=1\" rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.lewrockwell.com\/wp-content\/mu-plugins\/amazon-ad-link-lr\/img\/buy-from-tan.gif\" border=\"0\"\/><\/a><\/span><br \/>\n<\/span><\/p>\n<ul>\n<li>LIFT would provide a refundable credit that would match a maximum of $3,000 in earned income ($6,000 for married couples filing jointly).<\/li>\n<li>The credit would begin to phase out for single taxpayers starting at $30,000 of adjusted gross income (AGI) and $80,000 for single taxpayers with children, and begin phasing out for married taxpayers at $60,000 of AGI. The phaseout rate for all taxpayers would be 15 percent.<\/li>\n<li>The credit amount and the income parameters would be adjusted each year for chained CPI-U.<\/li>\n<li>Dependent taxpayers over the age of 18 who file tax returns would also be eligible for the credit.<\/li>\n<li>Earned income would be defined as wages, net self-employment income, and Pell Grants.<\/li>\n<li>Taxpayers would no longer be eligible for the credit if they reported more than $3,850 in investment income. Investment income is defined as interest, dividends, net capital gains, and&#8230;<\/li>\n<\/ul>\n<\/div>\n<p><a href=\"https:\/\/www.lewrockwell.com\/2019\/01\/laurence-m-vance\/kamala-harris-must-be-a-republican\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the first day of the 116th Congress (Jan. 3), Senator Kamala D. Harris (D-CA) re-introduced the LIFT [Livable Incomes for Families Today] the Middle Class Act (S.4). The legislation \u201cprovides middle class and working families with a tax credit of up to $6,000 a year\u2014or up to $500 a month\u2014to address the rising cost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-393870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/393870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=393870"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/393870\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=393870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=393870"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=393870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}