The Kamala Harris campaign directly benefits from the Trump tax cuts: The Harris national campaign headquarters is located in an Opportunity Zone in Baltimore made possible by the Tax Cuts and Jobs Act, signed into law by President Donald Trump in 2017.
Harris has promised to fully repeal the Tax Cuts and Jobs Act if elected. “Get rid of the whole thing,” she said. If she repealed the tax cuts, the Opportunity Zones — including the one where her campaign headquarters is located — would be abolished.
For months, the Harris campaign headquarters was housed in a different Baltimore location. The campaign told the The Baltimore Sun in May that the headquarters would be moved to an Opportunity Zone:
“The campaign said the permanent site will be located in an “opportunity zone.” That federal program — part of a 2017 tax reform law — is designed to attract billions of dollars of private investment and government resources to distressed communities around the nation.”
The Harris campaign moved to its new, permanent location inside the Opportunity Zone in early June.
The GOP-enacted Tax Cuts and Jobs Act created the Opportunity Zones to encourage long-term investment, innovation, and growth in distressed areas. As noted by the Maryland Department of Housing and Community Development:
The Opportunity Zone program is a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Jobs Act. The program provides federal tax incentives for investment in distressed communities over the next 10 years. Areas designated as Opportunity Zones will be able to reap the benefits of new capital investment to help redevelop underserved communities.
Meanwhile, Harris continues to rail against the tax reform that made the Opportunity Zones possible.
“We need to repeal that tax bill,” Harris said on July 16. “On day one, it is my full intention to repeal that tax bill that passed, representing the top one percent and the biggest corporations in America.”