Harris tax plan: Will Cost America 800,000 jobs & Shrink economy

[Boiler Buck]

K2 finally has a few plans out.
One is her tax plan.

Senator Kennedy on her tax plan..... "Let's do the dumbest thing possible, that won't work.....it's like a rock, only dumber". Lol

The respected nonpartisan Tax foundation says it will cost America 800,000 jobs & shrink economy 2% while lowing wages. More details in article below. But if economics is not logical for you, you probably should skip the article & just stick with.....joy & word salads, as it takes some logic & understanding.

"The only Harris economic proposal that would increase employment, according to the tax foundation analysis, was the pledge to no longer federally tax tip income for service workers." Hmmm... believe that was Trump's proposal originally, which she copied. And it's the only one that is good for employment.

Kamala Harris’ tax plan would cost nearly 800K jobs: analysis

Trump's economic agenda is projected by the Tax Foundation to increase wages by 0.6%, reduce long-run GDP by 0.2%, and lose about 387,000 jobs.

www.aol.com

LOL.....btw ...Notice this far left lib AOL article changed the text to say incorrectly .. K2s plan "would cost the US nearly 800,000 jobs, roughly half as many as former President Donald Trump’s plan, according to a recent analysis" .(a lie)....to find out later in article Ts plan only loses 387K jobs. Thus they should have said K2 plan was TWICE the job loss of Trump's plan. But being a wacked out lib article.....they do what libs do & LIE to their audience.

 

[Boiler Buck]

Here is a story that leaves the politics out of it, and doesn't lie to the public like the AOL article does.

Notice the key difference if the first paragraph. Truth vs. the lie of the liberal article.

It is amazing how liberal news sources just can't be trusted for honest reporting. They historically lie.... because their readers don't hold them accountable.

Kamala Harris’ tax plan would cost nearly 800K jobs: analysis

Trump’s economic agenda is projected by the Tax Foundation to increase wages by 0.6%, reduce long-run GDP by 0.2%, and lose about 387,000 jobs.

nypost.com

 

[BB62]

Funny.

For all your "I don't like either candidate" BS you constantly defend trump. That's ok, you dislike one candidate less than the other so he gets your vote. That's reasonable.

But in the this case, and I haven't investigated the facts from that liberal rag NY POST, BOTH PLANS will cost jobs. What a perfect opportunity to point out that neither candidate is putting out a good economic plan that creates jobs. They both suck.

Looks to me like the writer made an obvious mistake with his conclusion considering the facts he gave. It is aol news. Shocking they might have bad writers.


But you blew right past the disturbing facts because what's most important to you is the media coverage. You can't see the forest for the trees. I guess Trumps plan sucks half as much as Harris'. Your outrage should be that neither candidate has a plan that create jobs.

 

[Boiler Buck]

Funny.

For all your "I don't like either candidate" BS you constantly defend trump. That's ok, you dislike one candidate less than the other so he gets your vote. That's reasonable.

But in the this case, and I haven't investigated the facts from that liberal rag NY POST, BOTH PLANS will cost jobs. What a perfect opportunity to point out that neither candidate is putting out a good economic plan that creates jobs. They both suck.

Looks to me like the writer made an obvious mistake with his conclusion considering the facts he gave. It is aol news. Shocking they might have bad writers.


But you blew right past the disturbing facts because what's most important to you is the media coverage. You can't see the forest for the trees. I guess Trumps plan sucks half as much as Harris'. Your outrage should be that neither candidate has a plan that create jobs.

The lib media has a history of lying to you. Here is another example and you defend them!! This is not an honest mistake. Some writer went out of their way to change the original article which was from with Fox News or the NY Post.

I am the ONLY poster here that have been negative about both candidates. And you are chastising.me because I didn't do it this time? How about you berate your airhead bimbo on occasion??

 

[Boiler Buck]

Tax plans are complicated. No matter which candidate, anytime you take money from the people, you lose job creation capital and/or people lose their spending power.

ALL candidate's tax plan lose jobs. No candidate has seen it as high as 800,000 though. That's new.

While both candidates tax plans lose jobs, anytime that money taken can be put back into the economy or give folks more spending power to you can recoup that money through generation of the economy.

Both candidates do that via helping poor or middle class. Which is better? Depends on who you are.

Harris has advantage in her plan gives $1,000 more for families with new babies as compared to Ts plan. But for families from age 2-18 Trump's plan is better, and puts more money in their pockets.

Harris will continue to make millionaires for the green economy. Won't help world temps, but at least the climate scam people get paid, and maybe those dollars trickle down.....if you believe in TDE which can work, but not always. Never read a Dem who thought it did.

Her plan has an advantage for first time home buyers that will generate more home sales. However, the $25K available will inflate prices, likely more than the $25K. So is it a net +? Inflated prices, perhaps at a time where interest rates are up.....not good. But overall, it will initially generate home sales, always good for the economy. Might have alot of people buying homes they can't afford though, leading to foreclosures ......think we have seen that story before with the last big market bust. So down the road, perhaps not great.

Like I mentioned above, for families of children age 2+ Trump's plan puts more money back in consumer pockets. Spending power by the little guy is always good. Then @ age 62+. Trump's no tax on SS is a massive boon to the economy.

Trump's no tax on OT is a great boon for the middle class increasing middle class spending power.

For childless families, unless you get tips, or overtime haven't read of any economic advantage yet on either candidate .....that is until 62+ where Trump helps the spending power of seniors.

Both candidates have no tax on tips which helps spending power of the typically poor service workers. But Trump's plan goes slightly farther as K2s takes out FICA.

The largest boon to folks below 62 consumer spending power is lowering energy prices. Helps both at the pump and cost of goods due to lower transportation and production cost. This increases spending power of all families. Given the last 4 years....Trump's plan will be a great boon to all poor & middle class. Maybe less money for corporate oil & power, but I can live with that.

 

[BB62]

The lib media has a history of lying to you. Here is another example and you defend them!! This is not an honest mistake. Some writer went out of their way to change the original article which was from with Fox News or the NY Post.

I am the ONLY poster here that have been negative about both candidates. And you are chastising.me because I didn't do it this time? How about you berate your airhead bimbo on occasion??

I just did lol.

Trump has a history of lying to you. Too bad you don't call him out on his as much as you do the media.

And BTW, whether it be trump or the liberal media or the MAGA media, just because they have lied or misrepresented the facts in the past doesn't mean we should automatically assume what they say is not true. Its extremely difficult to find out the truth in todays social media driven world. If anyone reads a headline from either side of the biased media and believe it without doing research.........and then repeat it without checking it out they are part of the problem. It's done here everyday.

 

[Boiler Buck]

I just did lol.

Trump has a history of lying to you.

Missed it. Where's your criticism of the bimbo?

Said Trump lies often multiple times. Said when he tells the truth on policy. I am honest about that.

Your takes.....highly slanted and skewed to half truths, leaving you no room to intellectually call anyone to task as you just aren't an honest broker, skewed by TDS.