Kamala Harris is the daughter of parents who brought her to civil rights marches in a stroller, she was inspired to tackle injustice from an early age. She took that mission to county courtrooms, the California Attorney General’s office, the United States Senate, and the White House.
Tim Walz is a champion for America’s working families. He enlisted in the Army National Guard at 17 and served for 24 years, rising to the rank of Command Sergeant Major. After attending college thanks the GI Bill, Tim Walz served his community as a high school teacher and football coach — taking his team to the state championship for the first time in the school’s history. He became a member of Congress in a Republican district by representing the needs of farmers and rural America. As Governor, Tim Walz cut taxes for working families, lowered the cost of insulin and eliminated junk fees, and protected women’s right to choose.
Committed to Justice for All
Together, Harris and Walz will work to protect our freedoms, deliver justice, and expand opportunity so that every American doesn’t just get by, they thrive and can get ahead.
As vice president, Kamala Harris has been a trusted partner to President Joe Biden in their work to take on the powerful and make change for the people — from standing up against extremists to defending reproductive freedom to taking on Big Pharma to bring down prescription drug costs and cap the price of insulin at $35 a month for our seniors.
The Biden-Harris administration has achieved a historic record of accomplishment, including: bringing our economy back from the brink of disaster to create nearly 16 million new jobs; investing over $1 trillion in infrastructure projects like repairing roads and bridges, removing every lead pipe in America, improving public transit, and expanding access to high-speed internet; strengthening the Affordable Care Act and lowering health insurance premiums to save millions of Americans an average of $800 per year; expanding health care for veterans exposed to toxins; enacting the first meaningful gun safety reform in decades and bringing violent crime down to a near 50-year low; passing the largest-ever investment in tackling the climate crisis; and appointing the first Black woman to the United States Supreme Court.
Vice President Harris has proudly represented the United States on the global stage in meetings with over 150 world leaders and bolstered vital alliances against tyranny abroad — and she is just as committed to stopping would-be authoritarians and dictators at home. She is leading the charge to protect fundamental freedoms, including the right to an abortion and the right to vote.
TAX CUTS
Vice President Harris and Governor Walz believe that working families deserve a break. That’s why under their plan more than 100 million working and middle-class Americans will get a tax cut. They will do this by restoring two tax cuts designed to help middle class and working Americans: the Child Tax Credit and the Earned Income Tax Credit. Through these two programs, millions of Americans get to keep more of their hard-earned income. They will also expand the Child Tax Credit to provide a $6,000 tax cut to families with newborn children. They believe no child in America should live in poverty, and these actions would have a historic impact.
Unlike Donald Trump, Vice President Harris and Governor Walz are committed to ensuring no one earning less than $400,000 a year will pay more in taxes. They believe that we need to chart a New Way Forward by both making our tax system fairer and prioritizing investment and innovation. They will ensure the wealthiest Americans and the largest corporations pay their fair share, so we can take action to build up the middle class while reducing the deficit. This includes rolling back Trump’s tax cuts for the wealthiest Americans, enacting a billionaire minimum tax, quadrupling the tax on stock buybacks, and other reforms to ensure the very wealthy are playing by the same rules as the middle class. Under her plan, the tax rate on long-term capital gains for those earning a million dollars a year or more will be 28 percent, because when the government encourages investment, it leads to broad-based economic growth and creates jobs, which makes our economy stronger.
HELP FOR SMALL BUSINESS
As part of her Opportunity Economy agenda, she has put forward a plan to help small businesses and entrepreneurs innovate and grow. She has set an ambitious goal of 25 million new business applications by the end of her first term — over 10 million more than Trump saw during his term. To help achieve this, she will expand the startup expense tax deduction for new businesses from $5,000 to $50,000 and take on the everyday obstacles and red tape that can make it harder to grow a small business. She will drive venture capital to the talent that exists all across our country including in rural areas, and increase the share of federal contract dollars going to small businesses.