Presidential Candidate Michael Bennet Proposes Tax Plan to Support Communities of Color

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Presidential hopeful Senator Michael Bennet of Colorado speaking at Skirball Center, June 30, 2019 (Shutterstock).

Democratic presidential candidate Michael Bennet claimed his tax proposals are “the most significant anti-poverty measures” since Medicaid. Bennet said his measures will help resolve the issue of income inequality for communities of color. 

In an interview with Essence, the US Senator from Colorado promoted his tax bill, called the Family Act, which would increase the child tax credit and includes a pay out to families on a monthly basis rather than an annual basis. 

“The Trump tax bill was exactly the opposite of that. Since 2001 we’ve cut taxes in this country by $5 trillion, almost all the benefit is going to the wealthiest people in America, which has just made income inequality worse,” Bennet said. 

He continued: “My proposals would do the exact opposite of that and it would be particularly important for families…

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