Vice President Kamala Harris revealed a shift in her tax plan.
She’s proposing a 28% long-term capital gains tax rate for the ultra-wealthy.
This move breaks away from Biden – who proposed a rate about 10% higher for those earning over $1 million per year.
She says that this “will make our tax code more fair while also prioritizing investment and innovation.”
It’s her new move to woo business leaders after receiving MASSIVE criticism.
But it’s almost certain that it won’t work.
Here’s why.
The same day she made this announcement…
She reaffirmed her proposal of taxing unrealized gains for the ultra-wealthy.
She also wants to ban “price gouging to tackle inflation.”
And last but not least…
She’s proposing another $1.7 trillion in deficit spending.
That’s why the Trump campaign says Kamala is anti-business.
Frankly, government overspending is one of the main reasons for the inflation problem we have now. And it’s the last thing we need.
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