Kamala Harris is planning massive tax hikes for corporate America that will inevitably impact the lives of ordinary Americans, her campaign has confirmed.
In a statement provided to NBC News, campaign spokesman James Singer, confirmed she would push for a 28 percent corporate tax rate, calling it “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.”
“As President, Kamala Harris will focus on creating an opportunity economy for the middle class that advances their economic security, stability, and dignity,” said Singer.
While supporters of corporate tax rises will claim that they will not impact ordinary Americans, they will contribute to the continued decline of the American economy, with some companies inevitably moving their operations abroad.
Such a move would also lead to the continued squeezing of small business, higher inflation and consumer prices and less economic opportunity for all.
It would, however, temporarily increase the tax revenue toward the federal government, with which Harris and the Democratic Party will continue to grow the already unsustainable national debt.
Hellbound and Down 