American Peronism: Kamala's Plan to Ruin the US

According to the Committee for a Responsible Federal Budget, Harris’ proposals will cost $1.95 trillion over 10 years. However, it emphasizes that if certain measures become permanent, this figure could increase to $2.25 trillion.

Advertisement

The Harris campaign has stated that these costs will be offset by a classic excuse of socialism in any election: “higher taxes on corporations and high earners.” This is, obviously, ludicrous, because there is no revenue measure that will cover the already bloated $2 trillion annual deficit and the added $2 trillion from Harris’ proposals.

Increasing the corporate tax to 28% will cripple small businesses and reduce investment, while the large corporations that Harris attacks can move parts of their business to other nations. 

Ed Morrissey

This is a good breakdown of the impacts of Harris' campaign pledges thus far. Bookmark it, because the hard data will be needed later in the campaign. 

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement