From article Tax cutters always win and tax hikers always lose. Larry Kudlow. July 25, 2024.
Vice President Harris cast the decisive votes for Joe Biden's two biggest and most inflationary spending sprees.
In March 2021, Vice President Harris cast the tie-breaking vote for the so-called "American Rescue Plan."
THAT'S A $1.9 TRILLION SPECIAL, IT LAUNCHED A 9% INFLATION RATE AND STILL TODAY, THE LONG TAIL OF THAT INFLATION SURGE HAS CAUSED AN AFFORDABILITY CRISIS, WITH CUMULATIVE INFLATION UP 20% and a more than 4% drop in average weekly wages for middle-class working folks, but even that was not enough for the Bidens’ insatiable spending appetites.
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She never talks about economic growth or making the economic pie grow larger.
Those are two staples of Mr. Trump's economic platform.
In fact, the contrast between Trump's tax cuts, deregulation and "drill, baby drill" and KAMALA HARRIS' TAX HIKES, BIG GOVERNMENT SPENDING AND WAR ON FOSSIL FUELS couldn't be any clearer.
On these economic issues, Mr. Trump has a huge advantage.
I've always believed that tax cutters win, while tax hikers lose.
(end of article)
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Instead, Harris talks about “economic justice” - don’t worry about the size of the pie, just worry about the slices being cut the same size, regardless of individual effort including attempts or non-attempts to increase one’s productive value.
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