Cackling Harris has an economic plan that that is sure to take more of your money and effectively punish investors. As you might expect, it’s all about taxes while no mention of any spending cuts.
The most disturbing element, surrounds capital gains taxes.The proposal would raise the capital gains and dividends tax more than twice as high as China’s, or 44.6 percent. Super. What a great way to drive business out of this country and into China.
Vice President Kamala Harris's economic plan would increase taxes by $5 trillion over ten years, according to Americans for Tax Reform (ATR).
www.breitbart.com
Democrat presidential nominee Vice President Kamala Harris’s economic plan would increase taxes by $5 trillion over ten years, according to Americans for Tax Reform (ATR).
Harris’s campaign
announced an enormous economic package on Monday that would undo former President Donald Trump’s tax cuts, claiming it would be part of “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.”
Harris also claimed she would
uphold President Joe Biden’s promise to not raise taxes on those who make $400,00 or less per year. Despite this claim, the Biden-Harris administration has increased Internal Revenue Service (IRS) enforcement, which is estimated to take $20 billion from working-class Americans.
Harris’s economic proposal would also raise the capital gains and dividends tax more than twice as high as China’s, or 44.6 percent. China has a capital gains tax of 20 percent.I