Kamala Harris’ handouts, and redistribution of wealth would destroy the job market.
According to Tax Foundation, Kamala Harris’ proposal to redistribute the wealth via government handouts would increase taxes by $4.1 billion over 10 years – that’s $24,400 for each taxpayer! Her plan would reduce wages by 1.2 per cent, eliminate 786,000 positions, and lower the gross domestic products by 2 per cent. Harris’ plan would harm the U.S. and all Americans.
Kamala Harris is desperate and losing. She had no platform or plan when she started her campaign other than to criticize Donald Trump. She has failed to achieve anything as vice president. A border invasion, an economy in ruins, and a crime rate that is skyrocketing are just a few examples. Her strategy now seems to be buying votes by making unrealistic and empty promises to Americans, who can see through her rhetoric. Her latest plan promises to give taxpayer money to selected recipients based on racial profiles.
The Real Jim Crow 2.0
The vice president proposes that American taxpayers will lose $20 billion by giving handouts worth 1 million dollars to black business owners. Harris wants to reinstate this illegal Jim Crow-era practice of redlining. She wants to give $25,000 as a “first-time homebuyer” grant. However, it would only be available to those who have parents that don’t own homes. She hides the fact that the promise she made severely limited who could qualify. The redistribution of wealth would cost the taxpayers $500 billion.
Harris also wants to expand subsidies for Obamacare by giving 45,000,000 people who are insured through the taxpayer-funded health insurance system will receive another $700 in price reductions. Another $31.5 billion in wealth redistribution.
Harris says that these initiatives will benefit the black community. In reality, this is nothing more than reparations disguised. It is also unrealistic, because the people she says she wants to help are ultimately hurt by an economy in decline.
Harris’ plans all share one thing in common: more government involvement. The majority of Americans believe that the government is not in the best position to know what’s best for them. Harris is still insistent that the government can solve America’s problems. The government IS the issue. The government has become so big that it is nearly impossible to keep track of how taxpayers’ dollars are spent. The norm is to waste money.
America needs leaders in business like Donald Trump and Elon Musk to help cut regulations and spending that impede innovation. Trump, as President, will use people like Musk to make America great again. Musk, who can restore a rocket booster back to its original stand, can revolutionize the way government works.
Read More: There is No “Opportunity Economy” in Kamala Harris’ Opportunity Economy
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