Quote (Goomshill @ 9 Sep 2024 06:07)

https://kamalaharris.com/issues/

https://kamalaharris.com/issues/

With less than 2 months until election day and 50 days after starting her campaign, after taking a formal nomination despite no primary elections, Kamala Harris has finally unveiled a policy platform and taken (non-horizontal) positions!
Most of them are incredibly vague and insubstantive, some are direct policies however. Though they tend to be just copies of what Donald Trump is already advocating, like the child tax credit and no tax on tips.

So basically;

• Expand child tax credit (same as trump)
  
• Roll back Trump tax cuts
  
• Institute a wealth tax (lol)
  
• Subsidize first time home buyers
  
• Subsidize new business startups
  
• Raise the federal minimum wage (thanks to her inflation, this impacts nobody, good job)
  
• Extend medicaid postpartum coverage from 2 months to 12 months even though almost every state already does this so its redundant
  
• Eliminate tax on tips (same as trump)

That's it for actual positions unless I'm missing anything. Everything else is just vague politico-speak bullshit, like "As President, she will unite Americans to tackle the climate crisis as she builds on this historic work" which makes me want to get a sound board of the critical drinker saying "Oh fuck off"
The vast majority of her "policy platform" is just trying to take credit for Biden policies, and I'm not sure that's a winning strategy for her. She's campaigning on promising the student loan bailouts that Biden did, and the courts shot down as blatantly unconstitutional.


Again I want to contrast with my rundown comparison of Obama's 2008 speech where he made detailed policy proposals, many of which he delivered on. He may have purposefully lied about the effects of the ACA, but you can't deny he campaigned on it and had both vision and direct proposals. I just read Kamala's platform and it basically doesn't exist. I mean, her boldest proposals are to ask congress to throw money at homer buyers and small businesses, which wouldn't even dent the wildly skyrocketing cost of homes and rent. If the feds give you $25k in funny money when you buy a house that now costs $500k and used to cost $200k, they're just making inflation even worse. Or more likely just make that same house cost $525k.

Quote (Black XistenZ @ Sep 9 2024 05:31am)

Does she still propose a tax on unrealized capital gains, the most batshit insane economic policy proposal any presidential candidate made in the past century?

Quote

This bill imposes a minimum tax on individual taxpayers whose net worth for the taxable year exceeds $100 million. The tax is equal to 20% of the sum of a taxpayer's taxable income, plus net unrealized gains for the taxable year. The tax may not exceed 40% of the amount by which the taxpayer's net worth exceeds $100 million.

Quote (RedFromWinter @ Sep 9 2024 04:53am)

How come neither party has proposed raising the tax from ZERO on the first capital gains tax bracket? A married couple could pay 0 taxes and pocket $94,050 a year. Seems a no brainer

Quote (majorblood @ Sep 9 2024 08:19am)

because it's a bad idea

Quote (Goomshill @ Sep 9 2024 05:42am)

The most vague description is now "enacting a billionaire minimum tax"
She does not give any details of what her proposal is supposed to be, but this is a codeword for the tax on unrealized capital gains. Democrats introduced a posturing bill in 2022 and 2023 called the "Billionaire Minimum Income Tax Act" which says;



So first off there's the obvious disconnect that its called a billionaire tax but specifies an order of magnitude lower wealth. It then also tries to seize not just a minimum 20% income tax but also 20% of net asset growth
the bill claims all trust attributed debts, distributables, assets transferred to others, and then for "net unrealized gains" defines assets as every single imaginable ownable property, object, financial instrument, etc. There is no limit or conditions, only;
>In the case of any non-readily tradable asset, the estimated value of such asset shall be determined by such method as the Secretary may prescribe in regulations or other guidance.
and so on, in basic yes its the most batshit insane economic policy proposal imaginable.

Quote (Goomshill @ Sep 8 2024 09:07pm)

https://kamalaharris.com/issues/

https://kamalaharris.com/issues/

With less than 2 months until election day and 50 days after starting her campaign, after taking a formal nomination despite no primary elections, Kamala Harris has finally unveiled a policy platform and taken (non-horizontal) positions!
Most of them are incredibly vague and insubstantive, some are direct policies however. Though they tend to be just copies of what Donald Trump is already advocating, like the child tax credit and no tax on tips.

So basically;

• Expand child tax credit (same as trump)
  
• Roll back Trump tax cuts
  
• Institute a wealth tax (lol)
  
• Subsidize first time home buyers
  
• Subsidize new business startups
  
• Raise the federal minimum wage (thanks to her inflation, this impacts nobody, good job)
  
• Extend medicaid postpartum coverage from 2 months to 12 months even though almost every state already does this so its redundant
  
• Eliminate tax on tips (same as trump)

That's it for actual positions unless I'm missing anything. Everything else is just vague politico-speak bullshit, like "As President, she will unite Americans to tackle the climate crisis as she builds on this historic work" which makes me want to get a sound board of the critical drinker saying "Oh fuck off"
The vast majority of her "policy platform" is just trying to take credit for Biden policies, and I'm not sure that's a winning strategy for her. She's campaigning on promising the student loan bailouts that Biden did, and the courts shot down as blatantly unconstitutional.


Again I want to contrast with my rundown comparison of Obama's 2008 speech where he made detailed policy proposals, many of which he delivered on. He may have purposefully lied about the effects of the ACA, but you can't deny he campaigned on it and had both vision and direct proposals. I just read Kamala's platform and it basically doesn't exist. I mean, her boldest proposals are to ask congress to throw money at homer buyers and small businesses, which wouldn't even dent the wildly skyrocketing cost of homes and rent. If the feds give you $25k in funny money when you buy a house that now costs $500k and used to cost $200k, they're just making inflation even worse. Or more likely just make that same house cost $525k.

Quote (IceMage @ 10 Sep 2024 16:28)

So many policy wonks in the voter base, going to be hard to overcome this.

Trump's convention didn't have a platform in 2020 and he lost by a whisker(according to him).

Quote (Black XistenZ @ Sep 10 2024 10:55am)

Trump was the incumbent in 2020, voters had 4 years of his presidency to draw from. And he had run a successful campaign on a well-defined platform in 2016. So voters knew quite well which policies and direction they would get from a second Trump term. I agree, though, that it was a bad look to have no proper platform in 2020.

Kamala, on the other hand, is much more of a blank slate. She is de facto an incumbent, but tries to run as some sort of change candidate and simultaneously keeps a distance from the Biden admin, yet embraces most of its policies. Realistically, voters have no fucking idea which policies they'll get if she's elected. Will she tack to the left like she did during her short-lived 2019 presidential campaign? Will she continue the Biden/Harris course? Will she try to get more bold and ambitious, or will she try to not rock the boat too much? For voters, Kamala's bid is a "you gotta vote for it to find out what's in it"-situation.