Harris' Tax Hike Threatens Small Businesses and Jobs

Submitted by MAGA

Posted 3 hours ago

The stakes are rising as the 2024 presidential race heats up, with a new wave of scrutiny directed at Vice President Kamala Harris.

A recent poll indicates that the contest between Harris and former President Donald Trump is tightening.

Americans are increasingly aware of Harris’ economic proposals, particularly her alarming $5 trillion tax hike that could disproportionately affect the middle class and small business owners across the country.

This comes as former Vice President Mike Pence's group, Advancing American Freedom, rolls out a $3 million ad campaign targeting key swing states to highlight the potential consequences of Harris’ economic agenda.


The advertisements criticize her plans while championing the successes associated with the Tax Cuts and Jobs Act, which was signed into law by Trump in 2017.

The economic boom that followed those tax cuts, which led to an expansion of small businesses and higher wages, stands in stark contrast to Harris’ approach.

Pennsylvania restaurant owner AnnMarie Nelms compellingly states in one of the ads that Harnis’ policies could threaten the livelihoods of small business owners.

“We’re not just talking about theory here,” Nelms said. “If they raise our taxes, a lot of the small-business owners that I know won’t make it more than a year.”

With recent polling showing that 58% of Americans are seeking lower taxes, the Pence-led initiative is poised to resonate with a broad audience.

In fact, 68% of Republicans and 43% of Democrats expressed a desire for tax relief, signaling a potential backlash against Harris’ tax agenda.

Pence’s team is also highlighting the negative impact of Harris’ proposals on job growth, with the nonpartisan Tax Foundation estimating that her economic plan could lead to a loss of nearly 786,000 jobs and significantly increase the national debt.

Meanwhile, the narrative surrounding Harris’ campaign seems to indicate that many voters are reconsidering their options.

As dissatisfaction with Democratic policies grows, Trump's previous record of economic success under his administration is projected to gain even more traction in the lead-up to the election.

Voters are now faced with a crucial choice: whether to back Harris, a candidate whose policies could hinder economic recovery, or to rally behind Trump, whose prior efforts have bolstered job creation and small businesses.

As the election approaches, it’s clear that the American public is increasingly aware of the implications tied to their vote.

Sources:
nbcnews.com
yahoo.com
nypost.com












Latest News