According to the Tax Foundation, Kamala Harris’ proposal to redistribute wealth through government handouts will increase taxes by $4.1 trillion over 10 years—that’s $24,400 per taxpayer! Her plan would cut wages by 1.2 percent, obliterate 786,000 jobs, and reduce the gross domestic product by 2 percent. The bottom line: Harris’ proposal would destroy the U.S. economy and harm all Americans.
Kamala Harris is losing and desperate. When she launched her campaign, she had no plan or platform other than to attack Donald Trump. As vice president, she has no accomplishments to tout, only failures: A border invasion, a crumbling economy, and skyrocketing crime. Now her strategy seems to be to buy votes—making unrealistic, empty promises to Americans who see through her rhetoric. Her latest scheme vows to provide taxpayer dollars to select recipients through racial profiling.
The Vice President proposes giving 1 million handouts to black business owners costing American taxpayers of all races $20 billion. This illegal Jim Crow era redlining practice was outlawed years ago, yet Harris advocates to bring it back. Her plan is to give $25,000 to “first-time” homebuyers—it would only include those whose parents also didn’t own a home. She doesn’t detail the fact that her promise severely limits those who would qualify—hiding the fine print. This handout would cost taxpayers at least $500 billion through wealth redistribution.
Harris also wants to expand subsidies for Obamacare by giving 45 million people—insured through the government taxpayer funded health insurance system—another $700 price reduction. More wealth redistribution in the amount of $31.5 billion.
Harris’ says these initiatives will help the black community. In reality, it’s no more than reparations in disguise. It’s also unrealistic because the same people she claims to want to help will ultimately be harmed by a crumbling economy.