Newsletter BlurbSeptember 5, 2024

Tax Armageddon

Harris recently released her tax hike plans, which would fundamentally reshape the government’s role in extracting money from American citizens. Alfredo Ortiz highlighted in Fox News the major provisions in her record $5 trillion tax plan:

A 33% corporate tax hike that would crush job growth
Nearly doubled capital gains tax, which would evaporate investments
A death tax that would wipe out family farms and small businesses
A tax on unrealized gains which would tax phantom gains that may never materialize
The end of the Tax Cuts and Jobs Act, which would put small businesses on the chopping block

Check out our X thread highlighting the consequences to Main Street of Kamala’s tax plan.

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Up Next

Harris Would Provide No Relief from High Prices

Recent Posts

America’s Labor Market Is Already Showing Cracks. Kamala Harris Would Shatter It Into Pieces

Here’s what Kamala Harris’ tax Armageddon will cost you and the US economy

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