Kamala Harris’ economic plan is taking shape, starting with $5 trillion in new taxes—because Washington clearly does not have enough money to spend.
In the past fortnight alone, Harris has promised to hike taxes on small businesses to 39.6% and hike taxes on capital gains and dividends to a top rate of 44.6%—the highest in history, even beating the communist-adjacent Jimmy Carter.
Since taxing half your life savings doesn’t come close to keeping Washington fed, she also wants to hike the corporate rate by a third to 28%. That would take us from one of the best places in the world to do business to one of the worst. We’d be worse than China, Canada, Britain, Russia, even the European Union.
A company would literally make money moving to Canada. And…