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2020 Democrat presidential candidate Amy Klobuchar said she would go about “changing” the capital gains tax and do “something” about the Tax Cuts and Jobs Act.

I would pay for it by first of all, changing the capital gains rate, by doing something when it comes to that regressive tax bill that left everyone behind but made his Mar-a-Lago friends richer as he promised,” said Klobuchar.

Voters are reminded that Democrats are united in their desire to impose capital gains tax increases on the American people. The party wants to raise the tax rate all the way up to the top personal income tax rate (which they also want to increase).

Klobuchar is dead wrong when she says that the TCJA is “regressive.” Even left-leaning media outlets state that middle-class Americans benefited from the tax cuts.

According to an H&R Block report, Americans received significant tax relief from the GOP tax cuts: “overall tax liability is down 24.9 percent on average.”

And in Klobuchar’s Minnesota, households received a 21.1% tax cut on average, acccording to the H&R Block report.

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Biden: “When I’m President, if God willing I am, we’re going to reverse those Trump tax cuts.”