Due to Inflation, Kamala’s $400k Tax Pledge Now Worth Only $333k

Due to Harris inflation, she must raise her tax pledge threshold to $480,423

Since 2020 Kamala Harris has repeatedly promised she will not raise any tax on any American earning less than $400,000. “Taxes will not be raised on anyone making less than four hundred thousand dollars a year,” Harris said. See other examples here.

But Harris inflation has significantly eroded that dollar amount since she took office in January 2021: The Harris tax pledge is now worth only $333,040 in January 2021 dollars, according to the federal government’s BLS inflation calculator.

Harris would need to raise the threshold to $480,423 to keep up her end of the deal, again per the federal government’s BLS inflation calculator.

Due to Harris inflation, every month more and more households get swept into her tax-hike maw.

But Harris continues to use the $400,000 figure, hoping Americans won’t notice.

Harris cast the deciding vote on one of the biggest drivers of Biden-Harris inflation: The misnamed American Rescue Plan.

Every month, Americans for Tax Reform will announce the amount of the Harris tax pledge erosion as the new inflation data is released. Visit Kamalanomics.org for updates.