Democrats want to repeal Trump's tax cuts and replace them with payouts for the poor

Kamala Harris and other prominent Democrats want to repeal Trump's tax cuts and replace them with cash payouts for the poor and working class With midterm elections 2½ weeks away and the 2020 presidential race around the corner, prominent Democrats are embracing an ambitious idea: Repeal and replace the $1.5 trillion Republican tax plan. The proposals would get rid of the tax cuts and, in turn, funnel that money into government-guaranteed cash for low- and middle-income households. Possible White House contender Sen. Kamala Harris announced a plan this week that would give working families up to $6,000 each year, with the option of receiving monthly payments. Ylan Mui | @ylanmui

/r/politics Thread Link - cnbc.com