Welcome to the journal editorial report. After ducking the press for a month, vice president kamala harris gave her first interview with the campaign to cnn on thursday sitting down with tim walz in the battleground state in georgia where she defended herself from accusations she has flipflopped on key issues including fracking and immigration. My values have not changed. You mentioned the green new deal. I have always believed and i have worked on it that the climate crisis is real, that it is an urgent matter to which we should apply metrics that include holding ourselves to deadlines around time. We did that with the inflation reduction act. My value around what to do to secure the border, that value has not changed. I spent two terms as the attorney general of california prosecuting transnational, organizations, violations of american laws regarding the illegal passage of guns, drugs and human beings across the border. Paul: let s bring in dan heninger and bill mcgurn. Did you lear
The Working Families Legislative Caucus, chaired by Big Island state Rep. Jeanné Kapela, is championing a bill package that includes measures to establish paid sick and family leave programs, strengthen access to the supplemental nutritional assistance program, tax capital gains at the same rate as ordinary income and create a state child tax credit.
recommend to the chance lllor a the time, basically tax the rate at the same rate of income in other words, tax capital gains tax at the same rate as income tax that would bring in the estimate of 17 billion so actually it would be ideally suited to cover the amount that the chancellor would want to raise. better stick with labor and inflation. mr. mcfadden joins us. i wonder what you make from your colleague in the labour party john mcdonald. clearly, if you re going to scrap it there needs to be money from elsewhere what do you make of the same gains and tax income no doubt seeing that tax suggestion over the next couple of years, the truth is, it s not the usual, for the sensible time for opposition to the tax proposals when it comes to the
jerry: think president biden s proposed tax hike won t hit the middle class as he repeatedly promises? think again. to susan li from the fox business network on a new study showing how much of americans could end up paying. susan? yeah, as president biden tries to negotiate the infrastructure bill, he needs to be careful not to backtrack on his campaign promises to not raise taxes on individuals making $400,000 and less. the white house wants to hike that corporate tax rate up to 28%, tax capital gains like income which will match the proposed top individual tax rate at 39%. despite most of these tax hikes aimed at the 1%, the middle class will be affected according to the tax policy foundation by higher rates on corporations,
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