Here's what Kamala Harris' tax Armageddon will cost you and the US economy
Fox News
Vice President Kamala Harris is proposing a $5 trillion tax increase, the biggest in American history. If passed, it would fundamentally reshape the American economy.
Alfredo Ortiz is president and CEO of Job Creators Network, author of "The Real Race Revolutionaries," and co-host of "The Main Street Matters" podcast.
Raising the corporate tax rate from 21% to 28%: This 33% tax hike would make American businesses less competitive globally. Combined with state levies, it would make American corporations among the highest taxed in the developed world. The country would return to the bad old days of corporate inversions, where businesses flee offshore to reduce their tax costs.
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