Kamala’s Sham Small Business “Plan”
September 04, 2024
Today, Kamala Harris will announce a “small business plan” — as if she hasn’t already destroyed the livelihoods of millions of Americans with sky-high prices, regulatory burdens, and tax hikes.
Kamala’s claim that she wants to encourage new small businesses doesn’t square with her push to punish existing small business owners:
- Kamala cast the tiebreaking vote to bury small businesses and independent contractors in needless paperwork and saddle small businesses with higher taxes on declared losses — something startups often face.
- The Harris-Walz tax plan calls for the largest tax hike in history, including a higher income tax, higher business taxes, higher investment taxes, an unrealized gains tax, and an expanded death tax — among others — all to pay for her Radical Left lunacy.
- Kamala has pledged to eliminate President Trump's tax cuts, which allowed business owners to deduct up to 20% of qualified business income, cut taxes on new equipment purchases, and leveled the playing field between small businesses and larger corporations.
Kamala's $20 billion plan is just another cog in the wheel of her multi-trillion-dollar tax-and-spending scheme that would add trillions to the debt and drive costs up even higher.
For 31 months straight, the small business optimism has been well below its 50-year average (following record-high optimism under President Trump) — and half of small businesses fear they won’t survive another four years of Kamala Harris.
So... Kamala's plan? Do nothing to address the inflation many business owners say is the single biggest problem affecting their operations — and instead force another expensive, unclear gimmick on Americans who just want things to be affordable again.
Kamala has been in office for 3.5 years, so why hasn't she done it already?