GUEST COLUMN, Dick Morris
Candidate Kamala Harris is busy promoting Biden’s plan to weaken the Supreme Court. She regularly attacks JD Vance’s views on childless women. She stridently articulates her support for abortion and regularly emphasizes her commitment to DEI.
But where is she on the economy?
We don’t hear any plans from her to revive the U.S. economy despite reports that our national debt has just reached $35 trillion.
The economy is almost entirely absent from Kamala’s play book.
She wants to hike the corporate tax rate to 35 percent, up from its current 21 percent, but, beyond this profoundly destructive plan, we hear nothing about how she plans to reduce inflation.
You can’t win a national election through social issues.
No matter her views on childless women, she never talks about inflation, which rose 9 percent in her first year as vice-president and has not come back down since. Nothing could be more obvious than that the Biden-Harris Administration caused inflation to rise from less than two percent under Trump, egged on by Harris’ San Francisco radical programs.
Yet all we hear from Harris is how she wants to cut oil production by banning Fracking and off-shore drilling.
Where are her pro-growth policies?
Harris also proposes to further burden taxpayers by making them pay for capital gains on their real property holdings even if they are not sold. We are all accustomed to paying capital gains tax when we sell our homes. But that’s OK because we just have to set aside some of our profits to pay the tax. But Harris wants to tax what she calls “unrealized capital gains.”
Translation: She wants to tax what you would make if you sold your home, which you don’t plan to do. She wants to tax potential income from your property. How are you supposed to pay that tax with no proceeds coming in? Just dig into your savings!
Harris cannot be allowed to smuggle in the most radical tax plans while she spends her time debating social issues.
