Author: Rohan M

Rohan M. is a journalist based in New York and London. His work has been published in the BBC, The Nation, In These Times, among other renowned publications.

During Tuesday’s debate, Vice President Kamala Harris made an interesting claim: Trump would effectively hike the price of everyday goods by a whopping 20%, which she referred to as “Trump sales tax.” “My opponent,” Harris said, “has a plan that I call the “Trump sales tax,” which would be a 20% tax on everyday goods that you rely on to get through the month.” Harris then cited “economists” to claim that this “Trump sales tax” would result in “middle-class families” paying “about $4,000 more a year because of his policies.” While the specific figure is disputed, economists generally agree that…

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In August, Vice President Kamala Harris announced her support for various tax increases initially proposed by President Biden. These hikes would only affect those earning at least $400,000 per year — but would raise almost $5 trillion over a decade. Unsurprisingly, many wealthy Americans oppose the prospect of paying more tax. Perhaps the most controversial of Harris’s proposals, however, won’t even affect the merely wealthy. Only those worth more than $100 million would be on the hook under what is known as the billionaire minimum tax. According to data from New World Wealth, there are only around 10,000 Americans who…

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