Harris calls for estate-tax increase to pay for boosting teacher pay

[mystery-ak]

Harris calls for estate-tax increase to pay for boosting teacher pay
By Naomi Jagoda - 03/26/19 10:51 AM EDT

Sen. Kamala Harris (D-Calif.) said Tuesday that she would increase the estate tax to pay for her proposal to give teachers a pay raise — becoming the latest 2020 presidential contender to call for an expansion of the tax.

"We will pay for this plan by increasing the estate tax for the top 1 percent of taxpayers and cracking down on loopholes that let the very wealthiest, with estates worth multiple millions or billions of dollars, avoid paying their fair share," Harris said in an op-ed in The Washington Post.

Harris's campaign said that her teacher-pay proposal would cost the federal government about $315 billion over 10 years. The campaign's website did not have details on the specifics of the proposed estate-tax increase.

The California senator is one of several Democratic presidential candidates so far to call for an increase in the estate tax.

more
https://thehill.com/policy/finance/435813-harris-calls-for-estate-tax-increase-to-pay-for-boosting-teacher-pay

[Idiot]

Harris calls for estate-tax increase to pay for boosting teacher pay
By Naomi Jagoda - 03/26/19 10:51 AM EDT

Sen. Kamala Harris (D-Calif.) said Tuesday that she would increase the estate tax to pay for her proposal to give teachers a pay raise — becoming the latest 2020 presidential contender to call for an expansion of the tax.

"We will pay for this plan by increasing the estate tax for the top 1 percent of taxpayers and cracking down on loopholes that let the very wealthiest, with estates worth multiple millions or billions of dollars, avoid paying their fair share," Harris said in an op-ed in The Washington Post.

Harris's campaign said that her teacher-pay proposal would cost the federal government about $315 billion over 10 years. The campaign's website did not have details on the specifics of the proposed estate-tax increase.

The California senator is one of several Democratic presidential candidates so far to call for an increase in the estate tax.

more
https://thehill.com/policy/finance/435813-harris-calls-for-estate-tax-increase-to-pay-for-boosting-teacher-pay

[Jazzhead]

There might be a justification for raising the estate tax, but for teacher pay?   Good God, what a rat hole.    Public school teachers' pay and benefits are what is ruining state and local government budgets nationwide.   These costs need to be cut, not further subsidized,  especially by new taxes at the national level.   

[DCPatriot]

There might be a justification for raising the estate tax, but for teacher pay?   Good God, what a rat hole.    Public school teachers' pay and benefits are what is ruining state and local government budgets nationwide.   These costs need to be cut, not further subsidized,  especially by new taxes at the national level.

I remember when I was middle-aged ..LOL...when State Lotteries were earmarked for Education, which included schools and staffs...and COUGH..COUGH...pensions.

[skeeter]

There might be a justification for raising the estate tax, but for teacher pay?   Good God, what a rat hole.    Public school teachers' pay and benefits are what is ruining state and local government budgets nationwide.   These costs need to be cut, not further subsidized,  especially by new taxes at the national level.

Years ago public teachers were promised a worry free retirement in exchange for less-than-marketplace salaries.

And of course not only teachers but everyone in the public education industry is entitled to those pension goodies.

Now they all want a competitive wage in addition to retirement benefits.

I'm fine with giving them a raise but when they retire let them live on SSI like the rest of us taxpayers.

[EdJames]

Umm, no, just NO!

The last thing that we need is getting FedGov involved with teacher compensation.

We need to go in the opposite direction, eliminate the Department of Education and drive all decision-making to the LOCAL level.  (States can individually decide if they want to develop and maintain some level of curriculum standards and guidelines.)

[DCPatriot]

Umm, no, just NO!

The last thing that we need is getting FedGov involved with teacher compensation.

We need to go in the opposite direction, eliminate the Department of Education and drive all decision-making to the LOCAL level.  (States can individually decide if they want to develop and maintain some level of curriculum standards and guidelines.)

Like how you think!   

[EdJames]

Like how you think!   

 

[Hoodat]

California can impose whatever taxes they desire to pay for whatever they want in their own State.  But why do liberals always try to force their beliefs (at the point of a gun) on people living in other States, especially against the wishes of the people living in those States?