business

Harris Plans to Tax Business out of Existence

Democrats can’t govern themselves out of a paper bag but what they’re very good at is fabricating an alternate reality with the help of corporate media propaganda. Fearing the mass riots, Chicago business boarded up, eating another expense on top of lost revenue. Where ever Democrats go, chaos seems to follow. Chicago is added to the list of major cities across the nation bracing itself against destruction and chaos.

 

Business is only window shopping

Democrats were so worried about the rioting, the walls they said didn’t work got put up. The Democrats protect themselves over protecting the nation. Our borders are still wide open.

Even if there is no vandalism or violence, there’s a lot of weird, grotesque people protesting. They follow Democrats around like a stench. It interferes with everyday life, snarls traffic and keeps people away.

Normal people don’t want to be around marching abortion pills or organizations offering infanticide and vasectomies. And then there’s the transexuals that confuse and scare kids. Republican conventions don’t often see this chaos because Republicans want normal. They won’t tolerate this garbage.

Harris hiking tax on business

She wants a corporate tax rate of 28% and this is down from the 35% she wanted in 2020. The Harris campaign manager James Singer is positive, without evidence, that this will work.

Singer said it was “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.” Problem is that tax goes to the government, not into the pockets of working people.

It will discourage American investment and weigh on the economy. It could drive business away from the United States. Kyle Pomerleau of the AEI said, “At a 28 percent federal rate, the U.S. corporate rate would be roughly 32 percent and the second highest in the OECD.”

Harris is vague

She’s not telling how she’ll fund her expensive proposals. She wants to subsidize homes for first time buyers and divert medical debt to taxpayers.

If Harris wants to push any of this through, Democrats will have to hold Congress. But Trump’s tax cuts expire the end of 2025.

In order for business to survive, parts of those tax cuts may need to be extended. The battle is brewing.

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