Sen. Kamala Harris: How will you spend all the money you'll be getting back from her Rent Relief Act?

As Twitchy reported, the folks over at NowThis News shot a nice 2020 campaign video for Sen. Kamala Harris, in which she explained her Rent Relief Act, which would “give back” money to families spending more than 30 percent of their income on rent and utilities.

Harris must think the amount families will be getting back won’t be “crumbs” like with raises or bonus payouts, but real money, and she wants to know how families are going to spend all of that cash.

Under the Rent Relief Act, anyone who spends more than 30% of their income on rent would be eligible for a federal tax credit. What would you do with that extra money in your pocket?

— Kamala Harris (@KamalaHarris) July 28, 2018

https://twitter.com/theboytimi/status/1024113355815092224

I would donate it to the campaign of politician who understands how stupid of an idea this is https://t.co/Nml0a7KdqF

— Austin Carsh (@Subartoo98) July 30, 2018

OK, we get that this is supposed to appeal to working-class families, but wouldn’t millionaires start renting luxury vacation homes instead of buying them so they’d be eligible for the tax credit too? It can’t be, because that would mean that a Democrat was potentially suggesting a tax cut for the rich.

It’s all pandering anyway, and we’re all pretty sure how it’s going to go. What will you do with all that money?

Buy straws

— kerry ⭐⭐⭐ (@K1erry) July 29, 2018

C’mon, be serious.

https://twitter.com/TPCarney/status/1023608308635193344

Probably spend it on my newly increased rent. https://t.co/D5ptjqwCDk

— Freek van Ostrand (@sullenfish) July 30, 2018

that harris and her team thought this was a smart idea has been perplexing me all day. the messaging on it, too. the only folks this would really be "extra money" for are the landlords. this could easily be a parody of the democratic party in 2018 https://t.co/Jo3P4yzWWC

— Brian Sonenstein (@bsonenstein) July 30, 2018

Are you not concerned that a law like this would cause upward pressure on already high rent, since the incremental cost would effectively be subsidized by tax credits?

— Brian Kibler (@bmkibler) July 28, 2018

So I get incentivised to spend more than I can afford through the expense of a taxpayer. Housing demand artificially increases. Prices go up for everyone making it less affordable. Smart. https://t.co/CZwLxo4HVr

— Dan O'Connor (@oconnordan58) July 30, 2018

Landlords are just going to see that tax credit as a licence to accelerate rents. A tax credit without rent control isn't going to really help anyone. https://t.co/mrXKNoRzYL

— Karl Kani Kick It (@ReverendDrDash) July 30, 2018

Incentivizing people to spend more than they can afford on rent with promises that the government will make it up with a tax credit is a terrible idea.

— John Hawkins (@johnhawkinsrwn) July 29, 2018

Especially if landlords raise rents. Then renters don’t even benefit. Just an unnecessary handout to landlords from th taxpayers.

— Greg Johnson (@GregoryNylund) July 30, 2018

"What we're going to do is take money from your right pocket and we're going to put it into your left pocket. Then you'll have money in both of your pockets all your problems will be solved. You'll be rich!" https://t.co/QfFay555Br

— Derek Hunter (@derekahunter) July 30, 2018

Kamala is going to let me get into a house that I can't afford to rent, then make you suckers pay for it! Haha! https://t.co/kogSJxAMCg

— Osprey Tweek (@DevilDog6326) July 31, 2018

I should definitely be able to live in an LA townhouse. The taxpayers owe me this lifestyle.

— Pat Bateman (@PatmfBateman) July 29, 2018

Spend it on government-subsidized health insurance premiums? https://t.co/jad8fnMTEo

— Stuart Zechman (@stuart_zechman) July 31, 2018

We’ve seen this played out already with college tuition. How many times do you have to do something to see it doesn’t work? It does the exact opposite.

— Chica'sBailBonds (@irinamoises) July 29, 2018

So people who live in low cost, low rent states will have to subsidize your over taxed and hyper regulated California housing market. Sounds fair to me.

— Paul Geren (@KeysRetired) July 29, 2018

Please buy an economics text book. I think the effects of this are covered in the first few chapters of any high school text

— El Gran Chihuahua (@Elgranchihuahua) July 29, 2018

Rewarding people for making financially irresponsible decisions is probably not great economic policy. https://t.co/4KeEP074q7

— Jeff O'Brien (@that_dude_JOB) July 30, 2018

https://twitter.com/wade_zhou/status/1023693753171824641

https://twitter.com/isaacthings/status/1024049367315927041

this is bad policy. stop. https://t.co/fsmZNJAup5

— Atrios (@Atrios) July 30, 2018

Related:

Kamala Harris's bill would "give back" money to families paying more than 30 percent of their income on rent https://t.co/mglSK0KYsq

— Twitchy Team (@TwitchyTeam) July 27, 2018