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Ro Khanna on Tax Reform

 

 


Rewrite antiquated tax code that stacks the deck

As we slowly recover from the Great Recession, the wealthy are doing better than ever while thousands across the South Bay are struggling like never before. We need a coherent economic vision that will provide economic opportunity to all Americans willing to work hard.

Just look at our antiquated tax code--it was written for a 1960s economy and is failing us today. It incentivizes companies to locate overseas while giving oil companies tax breaks and subsidies. At the same time, an impossibly complex bureaucracy has piled on burdensome and duplicative regulations that have stacked the deck against small businesses and entrepreneurs.

Our country needs bold leadership to ensure America maintains its position as the most productive and innovative nation on earth. My comprehensive economic agenda will increase our manufacturing and exporting capacity, and reward entrepreneurs who take risks and keep our economy dynamic--all while strengthening our middle class.

Source: 2016 California House campaign website RoKhanna.com , Nov 8, 2016

Our tax policy benefits the top 1% of Americans

Over the past 30 years, Congress has designed tax policy that benefits the top one percent of Americans at the expense of working people and their families. The primary goal of any tax code should be to incentivize growth, promote fairness, and raise the revenue necessary to fund public services and critical investments.

As a member of Congress, I will push for comprehensive tax reform to curtail ballooning inequality and make tax credit compliance easier for working families and small businesses. The growth of special deductions, exclusions, and tax breaks for the wealthy increase the time and resources individuals must spend on calculations and documentation requirements to pay their taxes.

Congress also needs to reform the Alternative Minimum Tax (AMT) to protect middle class taxpayers. What we have right now is an antiquated tax regime that is unfair, hurts our competitiveness, and has been manipulated repeatedly by narrow special interests.

Source: 2016 California House campaign website RoKhanna.com , Nov 8, 2016

Supports tax increases to balance the budget.

Khanna supports the PVS survey question on taxes & budget

The Project Vote Smart Voter Guide inferred how candidates would respond to the question, 'Budget: In order to balance the budget, do you support an income tax increase on any tax bracket?' Project Vote Smart notes, "in response to the increasing unwillingness of candidates to answer issue questions, Project Vote Smart has researched Congressional candidates' public records to determine candidates' likely responses on certain key issues. These issue positions, from the year 2016, are provided [for candidates who] refused to provide voters with positions on key issues covered by the 2016 Political Courage Test, despite repeated requests. Historically, candidates have failed to complete our test due to the advice they receive from their parties and advisors and out of fear of negative attack ads."

Source: Political Courage Test 16PVS_Q11A on Nov 8, 2016

Opposes lowering taxes to promote economic growth.

Khanna opposes the PVS survey question on tax-cut stimulus

The Project Vote Smart Voter Guide inferred how candidates would respond to the question, 'Economy: Do you support lowering taxes as a means of promoting economic growth?' Project Vote Smart notes, "in response to the increasing unwillingness of candidates to answer issue questions, Project Vote Smart has researched Congressional candidates' public records to determine candidates' likely responses on certain key issues. These issue positions, from the year 2016, are provided [for candidates who] refused to provide voters with positions on key issues covered by the 2016 Political Courage Test, despite repeated requests. Historically, candidates have failed to complete our test due to the advice they receive from their parties and advisors and out of fear of negative attack ads."

Source: Political Courage Test 16PVS_Q11B on Nov 8, 2016

2021-22 Governor, House and Senate candidates on Tax Reform: Ro Khanna on other issues:
CA Gubernatorial:
Antonio Villaraigosa
Brian Dahle
Caitlyn Jenner
Carly Fiorina
David Hadley
Delaine Eastin
Doug Ose
Eric Garcetti
Eric Swalwell
Gavin Newsom
Hilda Solis
Jerry Brown
Jerry Sanders
John Chiang
John Cox
Kamala Harris
Kevin Faulconer
Kevin Paffrath
Larry Elder
Laura Smith
Neel Kashkari
Travis Allen
Xavier Becerra
CA Senatorial:
Dianne Feinstein
Duf Sundheim
Greg Brannon
Kamala Harris
Kevin de Leon
Loretta Sanchez
Michael Eisen
Rocky Chavez
Tom Del Beccaro
Republican Freshman class of 2021:
AL-1: Jerry Carl(R)
AL-2: Barry Moore(R)
CA-8: Jay Obernolte(R)
CA-50: Darrell Issa(R)
CO-3: Lauren Boebert(R)
FL-3: Kat Cammack(R)
FL-15: Scott Franklin(R)
FL-19: Byron Donalds(R)
GA-9: Andrew Clyde(R)
GA-14: Marjorie Taylor Greene(R)
IA-2: Mariannette Miller-Meeks(R)
IA-4: Randy Feenstra(R)
IL-15: Mary Miller(R)
IN-5: Victoria Spartz(R)
KS-1: Tracey Mann(R)
KS-2: Jake LaTurner(R)
LA-5: Luke Letlow(R)
MI-3: Peter Meijer(R)
MI-10: Lisa McClain(R)
MT-0: Matt Rosendale(R)
NC-11: Madison Cawthorn(R)
NM-3: Teresa Leger Fernandez(D)
NY-2: Andrew Garbarino(R)
NY-22: Claudia Tenney(R)
OR-2: Cliff Bentz(R)
PR-0: Jenniffer Gonzalez-Colon(R)
TN-1: Diana Harshbarger(R)
TX-4: Pat Fallon(R)
TX-11: August Pfluger(R)
TX-13: Ronny Jackson(R)
TX-17: Pete Sessions(R)
TX-22: Troy Nehls(R)
TX-23: Tony Gonzales(R)
TX-24: Beth Van Duyne(R)
UT-1: Blake Moore(R)
VA-5: Bob Good(R)
WI-5: Scott Fitzgerald(R)
Incoming Democratic Freshman class of 2021:
CA-53: Sara Jacobs(D)
GA-5: Nikema Williams(D)
GA-7: Carolyn Bourdeaux(D)
HI-2: Kai Kahele(D)
IL-3: Marie Newman(D)
IN-1: Frank Mrvan(D)
MA-4: Jake Auchincloss(D)
MO-1: Cori Bush(D)
NC-2: Deborah Ross(D)
NC-6: Kathy Manning(D)
NY-15: Ritchie Torres(D)
NY-16: Jamaal Bowman(D)
NY-17: Mondaire Jones(D)
WA-10: Marilyn Strickland(D)

Republican takeovers as of 2021:
CA-21: David Valadao(R) defeated T.J. Cox(D)
CA-39: Young Kim(R) defeated Gil Cisneros(D)
CA-48: Michelle Steel(R) defeated Harley Rouda(D)
FL-26: Carlos Gimenez(R) defeated Debbie Mucarsel-Powell(D)
FL-27: Maria Elvira Salazar(R) defeated Donna Shalala(D)
IA-1: Ashley Hinson(R) defeated Abby Finkenauer(D)
MN-7: Michelle Fischbach(R) defeated Collin Peterson(D)
NM-2: Yvette Herrell(R) defeated Xochitl Small(D)
NY-11: Nicole Malliotakis(R) defeated Max Rose(D)
OK-5: Stephanie Bice(R) defeated Kendra Horn(D)
SC-1: Nancy Mace(R) defeated Joe Cunningham(D)
UT-4: Burgess Owens(R) defeated Ben McAdams(D)

Special Elections 2021-2022:
CA-22: replacing Devin Nunes (R, SPEL summer 2022)
FL-20: replacing Alcee Hastings (D, SPEL Jan. 2022)
LA-2: Troy Carter (R, April 2021)
LA-5: Julia Letlow (R, March 2021)
NM-1: Melanie Stansbury (D, June 2021)
OH-11: Shontel Brown (D, Nov. 2021)
OH-15: Mike Carey (R, Nov. 2021)
TX-6: Jake Ellzey (R, July 2021)
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