Kamala Harris is starting to talk in detail about an economic policy she plans to invoke if she’s elected president of the United States in just a tad less than six weeks.
She wants to cut middle-class income tax; she wants to offer first-time homebuyers a $25,000 boost to get them into their version of the American Dream; Harris wants to make sure that the mega-wealthy among us “pay their fair share of taxes.”
Let’s stop briefly on that final point.
The vice president is understandably enraged that the wealthiest Americans pay less in income tax than those who earn a tiny fraction of the rich folks earn. So am I. So should the rest of us be enraged.
Here is a message I do not hear enough and which I believe Harris and her running mate Tim Walz need to press further.
Even if the richest Americans pay their fair share of taxes — an act that would lighten the load on the rest of us — the richest Americans are still going to be filthy rich! They will not lose their fortune! Billionaires will continue to count their assets in the billions of dollars! They’ll still live in fancy houses, be driven around in fancy cars and they still be able to send their children to the most exclusive schools.
This argument, in my humble view, would make it difficult for the Billionaire Rich Guy/Gal Category to argue that it’s OK for them to skip out from under their tax burden.
I just have to ask: Why is this argument so difficult to sell to an overtaxed, overburdened voting public?
