Kamala Harris and Basic Economics
Harris economic plan includes:
- Letting the Trump tax cuts expire, raising taxes on every citizen.
- Then raising taxes further, supposedly on the "rich," which will certainly be a loose definition.
- Raising taxes on American businesses, making things cost more and eliminating jobs.
- Implementing an unrealised capital gains tax of 25%. This is outright extortionist thinking; a type of policy found only in the overly Communist parties of Europe.
- Price controls, a authoritarian mechanism tried in both the 1930's & 70's that led to widespread shortages.
- Enrolling illegal immigrants onto welfare programs, such as Medicaid.
Nigh everything raises proposes leads to more government taking people's money, more spending, and more state control. The only policies that don't conform to this are policies she took from the Trump campaign, such as child tax credits and not taxing tips. She's a statist that only bothered stealing a couple economically liberal ideas because of their popularity.