Democrat Presidential Front Runner embraces Basic Income

U.S. Senator Kamala Harris (D-California) is promoting a basic income scheme for the middle class disguised as a “tax credit.” Importantly, many observers consider Harris the front runner in the Democratic presidential race.

Harris and several other Congressional Democrats want to replace Republican tax cuts with a $6,000 a year tax credit for low and middle-income households, CNBC claims. The tax credit is basic income because it guarantees money to all families that meet specific criteria.