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Kamala Harris' Tax Proposals: A Threat to Freedom & Prosperity

2024-08-29 12:38:48

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As Kamala Harris unveils her tax plan, proposing the largest tax increase in American history at a staggering $5 trillion, it’s clear we’re not just facing a policy shift but a leap towards an economic and social disaster. This plan could very well mark the beginning of the end for the American way of life as we know it. Ain’t that something?

A Staggering Leap Toward Communism

Harris’ policies aren’t merely flirting with socialism—they’re a full embrace of communist doctrines that have dragged nations into poverty and despair.

By aiming to end the Tax Cuts and Jobs Act, Harris is taking direct aim at the capitalist foundations that fueled economic growth in 2018 and 2019 under the Trump administration. This isn’t just about taxes; it’s an ideological assault on American success, pushing us towards a system where the government seizes control of private wealth and punishes those who’ve worked hard to achieve the American Dream. Huh?

Catastrophic Economic Collapse and Global Displacement

One of the most alarming aspects of Harris’ plan is the proposal to raise the corporate tax rate from 21% to 28%.

This move places American businesses among the highest taxed globally, reigniting fears of companies fleeing offshore to escape these crushing tax burdens. If this happens, we could see the end of American competitiveness on the world stage, leading to a recession that would rival the darkest days of socialist regimes. The job losses and reduced investments could turn the U.S. from the land of opportunity into a graveyard of failed businesses and shattered dreams.

Unprecedented Government Overreach

Perhaps the most chilling part of Harris’ tax plan is its clear embodiment of government overreach.

By taxing unrealized capital gains, the proposal effectively allows the government to confiscate private property and investments before any profit is even realized. This isn’t just a tax; it’s a blatant seizure of wealth based on hypothetical gains. Such a policy could devastate retirement funds and investment portfolios, leaving ordinary Americans much poorer.

On top of that, ending the step-up in basis for estates is a direct attack on family legacies and small businesses, threatening to destroy generations of hard work overnight.

Conclusion: A Call to Preserve American Liberty

Kamala Harris’ tax proposals represent more than just poor economic policy; they threaten the very principles of liberty, prosperity, and individual rights that have made America a beacon of hope across the globe.

This is a blueprint for disaster, one that could plunge us back into an era of economic depression and social unrest. Ain’t that a scary thought?

As the next election looms, it is more important than ever for those who value freedom, enterprise, and personal success to recognize the danger posed by these tax proposals. This is a time for unity among conservatives and moderates alike to defend the American Dream and reject policies that could transform our nation into a shadow of its former self.

This isn’t just about tax policy; it’s about the survival of the ideals upon which our country was founded.

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