“Vice President Kamala Harris is pledging not to raise taxes on anyone making under $400,000 a year if elected in November,” Politico reports.
“That extends a promise that President Joe Biden made central to his administration’s economic agenda, arguing that corporations and the wealthy should instead pay a greater share of the tax burden.
And it effectively rules out the prospect that Harris could embrace far more progressive policies as a candidate — such as massively expanding Social Security benefits — that would require raising taxes on a wider swath of Americans.”