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The Hartmann Report

Why Most People Have No Clue How Good the Economy is Doing

The Hartmann Report

Thom Hartmann

Congress, Economics, Climate Change, The Hartmann Report, Debate, Democracy, America, Thom Hartmann, News

4.41.2K Ratings

🗓️ 26 October 2024

⏱️ 61 minutes

🧾️ Download transcript

Summary

The Harris plan will bring tax increases for the wealthy 1% and cuts for the 99%. Most people have no clue how good the economy is or why. Congo says Trump is lying - and why it matters. Outgoing Multnomah County, OR D.A. on Project 2025 & Progressives Under Attack.

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Transcript

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0:29.2

without the ads. This is the Tom Hartman Program.

0:47.0

Welcome to our program today here at the end of the week.

0:50.0

The Harris plan would bring tax increases for the richest 1% and tax cuts for the bottom 99%.

0:58.9

Very, very cool.

1:01.0

This is the new analysis from the Institute on Taxation and Economic Policy, ITEP.

1:07.0

This is a nonpartisan, non-political, you know, just, you know, we just look at the facts, facts ma'am and here's what they have to say

1:15.8

here's what they have to say

1:17.6

uh... if Harris's proposals included this and by the way this is from a

1:21.4

piece by jake over common dreams dot org

1:25.0

IP found that of Harris's proposals including an expansion of the child

1:29.2

tax credit and extension of elements of the 2017 gop law for those with annual incomes below $400,000

1:37.0

and Medicare tax reforms that would raise levies on those with yearly incomes above $400,000.

1:44.0

If that went into effect in 2026, quote,

1:46.9

the richest 1% of Americans would receive an average tax increase

1:51.0

equal to 4.1% of their income.

...

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