Kamala Harris’s History of Tax-Raiding Policies mdi-fullscreen

Now that 81-year-old Sleepy Joe has said goodbye to seeking re-election, all eyes are on who the new candidate for the Democrats will be. Biden was quick to endorse his Vice President, Kamala Harris – or “Laffin’ Kamala Harris” as Trump has dubbed her. Harris has often been mocked for her cringeworthy word salads and wishy-washy statements. While her hardline views on gender and trans ideology are well-known, her heavy-handed tax policies are less familiar…

In her short-lived attempt at running in 2020, her tax policy proposals were eye-watering for medium to high earners. She wanted to raise capital gains tax rates to match ordinary income rates, raise the corporate tax to 35%, expand the estate tax, and impose a financial transaction tax (FTT) on stock trades. She also wanted to implement a 4% “income-based premium” on households making more than $100,000 annually to pay for her version of “Medicare for All,” something she later flip-flopped on. As someone who just a few months ago said she promotes an equality that sees “everyone ending up in the same place,” US citizens can be sure to see one thing if she ends up as President: tax, tax, tax…

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