Kamala Harris has built her political career around far-left, socialist-leaning policies that have done significant damage to American cities and states. As California’s attorney general and later as a U.S. senator, Harris pushed for higher taxes, expansive government programs, and restrictive regulations. These policies have been disastrous for the working-class and small businesses in cities like San Francisco and Los Angeles, which are now riddled with homelessness, crime, and crumbling infrastructure.

Instead of learning from these failures, Harris continues to champion the same extreme ideas that have driven businesses and families away from progressive strongholds.

The consequences of her approach are clear. Under far-left leadership, states like California have become unaffordable for middle-class families, and businesses are fleeing in droves to escape burdensome taxes and regulations. These policies hurt the very people they claim to help, and now, as vice president, Harris is pushing a similar national agenda that threatens to bring the same ruin to the entire country. Her proposals are cloaked in the language of equity and fairness, but in reality, they stifle innovation, reduce economic opportunities, and punish success.

From Daily Caller:
Vice President Kamala Harris’s tax plan would effectively vaporize nearly 800,000 full-time equivalent jobs, according to studies published by the Tax Foundation Tuesday.

Harris’ proposals, including hiking corporate taxes to be among the highest in the developed world, would lower employment by roughly 786,000 full-time equivalent jobs, and reduce long-run gross domestic product (GDP) and wages by 2% and 1.2% respectively, the Tax Foundation found.

And now, her latest tax plan is set to do even more damage. According to a recent study by the Tax Foundation, Harris’s tax proposals would effectively wipe out nearly 800,000 full-time equivalent jobs. Yes, you read that right—almost 800,000 jobs gone, vanished, vaporized. The plan includes a massive corporate tax hike that would make America’s tax rates among the highest in the developed world.

For those keeping track, that’s not exactly a badge of honor. This isn’t just bad news for big corporations—it’s a disaster for small businesses, workers, and families. When businesses are taxed to death, they stop expanding, hiring, and innovating. It’s as simple as that.

Under Harris’s plan, the corporate tax rate would jump from 21% to 28%, effectively halting many business initiatives and stifling economic growth. The plan also includes a tax on unrealized capital gains, which means taxing people on money they haven’t even made yet. Imagine getting taxed for holding onto stock or real estate that hasn’t been sold.

That’s right, Harris wants to tax you just for owning something that increased in value—even if you don’t sell it. This could force investors to move their assets overseas, draining capital from the U.S. economy, much like what happened in France when a similar tax was implemented. Thousands of millionaires left the country, and hundreds of billions of dollars followed.

For working Americans, this is a nightmare scenario. Higher corporate taxes will mean fewer job opportunities, lower wages, and slower economic growth. The study predicts that Harris’s tax plan would reduce the country’s GDP by 2% and lower wages by 1.2%.

That may sound small, but when you’re living paycheck to paycheck, every dollar counts. Harris’s plan threatens to make life harder for everyday Americans while making the country less competitive globally.

Meanwhile, former President Trump’s economic policies paint a different picture. His proposed 60% tariffs on China could hurt some areas, yes, but his overall tax policies, including extending the 2017 Tax Cuts and Jobs Act, would likely lead to better wage growth and more opportunities for American workers. Trump’s approach favors cutting red tape and lowering taxes, giving businesses the freedom to grow and innovate. The result? More jobs, higher wages, and a stronger economy.

Conservative voters and working Americans should be alarmed by Harris’s tax proposals. Her plan isn’t about helping the middle class—it’s about pushing a far-left agenda that punishes success and discourages growth.

With nearly 800,000 jobs on the line, voters have every reason to be worried about what Harris would do if given more power. Her tax plan is a recipe for economic disaster, one that would leave American families footing the bill for years to come.

Key Takeaways:

• Kamala Harris’s far-left tax plan would eliminate nearly 800,000 jobs, raise corporate taxes to among the highest in the developed world, and hurt economic growth, according to the Tax Foundation.
• Her proposal includes taxing unrealized capital gains, potentially pushing investments overseas and further damaging the U.S. economy.
• In contrast, Trump’s policies focus on lowering taxes and promoting job growth, but his proposed tariffs on China could also impact employment, though less severely than Harris’s tax hikes.

Source: Daily Caller