Walz Endorses Individual Mandate Tax, a Violation of Kamala’s $400k Tax Pledge

Posted on Thursday, October 3, 2024
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by Outside Contributor
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During the Vice Presidential debate on Tuesday night, Kamala Harris running mate Tim Walz endorsed the re-imposition of the Obamacare individual mandate tax, an onerous middle class tax increase that violates Harris’s pledge against any tax hike on any American making less than $400,000 per year.

The Tax Cuts and Jobs Act signed by President Trump in 2017 zeroed out the much-loathed $695 – $2,085 individual mandate tax. Most Americans hit with the tax made less than $50,000 per year.

But on Tuesday Walz endorsed the individual mandate tax. JD Vance shot back: “You think the individual mandate is a good idea?”

According to official IRS data for tax year 2017, 74% of households liable for the individual mandate tax had an adjusted gross income of less than $50,000.

The individual mandate tax penalty was paid by 4,606,271 households.

3,430,003 of these households had an adjusted gross income of less than $50,000.

Using the same IRS data, let’s look at the state breakdown of the number of households hit by the tax before it was repealed by Trump and the GOP congress in 2017:

KEY STATES:

Pennsylvania              153,140 households
Wisconsin                   80,240 households
Michigan                     132,750 households 
North Carolina           141,730 households
Arizona                       107,360 households 
Georgia                        142,930 households
Nevada                        52,130 households

ALL 50 STATES:

Alabama                     41,960 households
Alaska                        13,370 households
Arizona                       107,360 households 
Arkansas                     41,130 households
California                    553,000 households
Colorado                     98,160 households
Connecticut                 45,200 households
Delaware                     11,230 households 
District of Columbia    5,170 households
Florida                         353,210 households
Georgia                        142,930 households
Hawaii                         10,890 households
Idaho                           31,460 households 
Illinois                         162,920 households
Indiana                        106,750 households
Iowa                            38,430 households
Kansas                         40,480 households
Kentucky                     54,310 households 
Louisiana                     64,330 households
Maine                          25,460 households
Maryland                     64,180 households
Massachusetts             89,050 households
Michigan                     132,750 households 
Minnesota                    69,460 households
Mississippi                  32,260 households
Missouri                      80,990 households
Montana                      19,770 households
Nebraska                     30,930 households 
Nevada                        52,130 households
New Hampshire          23,610 households
New Jersey                 124,430 households
New Mexico               25,500 households
New York                   260,660 households 
North Carolina           141,730 households
North Dakota             11,970 households
Ohio                           132,140 households
Oklahoma                   54,720 households
Oregon                        70,010 households 
Pennsylvania              153,140 households
Rhode Island              14,840 households
South Carolina            64,440 households
South Dakota              11,190 households 
Tennessee                    83,440 households
Texas                           559,420 households
Utah                            49,470 households
Vermont                      10,920 households
Virginia                       107,130 households 
Washington                 110,400 households
West Virginia              22,820 households
Wisconsin                   80,240 households
Wyoming                    11,090 households

Stay tuned for updates at ATR’s special website Kamalanomics.orgATR Congratulates Pledge Signers in Florida on their Primary Victories 

Reprinted with permission from Americans for Tax Reform by John Kartch.

The opinions expressed by columnists are their own and do not necessarily represent the views of AMAC or AMAC Action.

URL : https://amac.us/newsline/economy/walz-endorses-individual-mandate-tax-a-violation-of-kamalas-400k-tax-pledge/