Free Republic

Time stamps: 1:05 - First Policy 2:12 - Basics of Understanding the first policy 3:27 - Implications of the first policy 5:27 - Second Policy 7:50 - Third Policy sorry for the late upload, I've been fighting for my life out here for real ... so much work lately Tags: Kamala Harris, Donald Trump, Debate, CPA, Certified Public Accountant, Radical Financial Policies, Tax, Price Controls, Unrealized capital gains tax

Vice presidential candidate Sen. JD Vance (R-OH) said Thursday on CNBC’s “Squawk Box” that Vice President Kamala Harris’s main thrust of her economic policy is to “throw everybody on welfare.” Co-host Joe Kernen said, “Given that as we now know, people’s economic beliefs can evolve, as we’ve seen maybe from, you know, former President Trump’s opponent, but I’m wondering whether yours have evolved? Because then we’ll get into some of the things you said in the part and how much daylight right now is there between what you believe and what would I call you an economic populist? Is there...

Are greedy corporations to blame for inflation? Ariane Navarro thinks so. She recently pulled up her budgeting spreadsheets from 2021 and was shocked by how much her family's grocery bill has skyrocketed. She's not imagining it: From February 2020 to this July, grocery prices grew a cumulative 25.6%. That's higher than overall inflation, which was 21.6% during that same period. "We have no other choice — we have to buy groceries," says Navarro, who lives in Houston. "That's a basic need. And so [companies] use that to kind of take advantage and keep raising prices." It's a widespread sentiment —...

Guess who finally updated her campaign website? And with just a day before her first presidential debate ... and only second media appearance since her anointment as nominee?Having seen her momentum deflate like a Patriots football, Kamala Harris finally went public with her agenda, at least in general strokes. Team Kamala finally added an Issues page to her official campaign website, and it's filled mainly by the rehashed Bidenomics that Harris attempted to pass off last month. It even includes the absurd reference to price-gouging that economists across the spectrum laughed off when Harris first floated the argument, another leftover...

From taxes to spending, Kamala is the most left-wing major party candidate since George McGovern -- who proposed a Universal Basic Income in 1972 and went on to win a single state.But her most hare-brained scheme -- so far -- has been price controls, where she's to the left of McGovern, threatening to punish grocery stores for daring to charge more than their costs.In fact, grocery stores make 1 to 2 pennies on the dollar. Meaning they have to pass along costs that come straight from the Washington money printer.That means price controls would, in short, break food.Price Controls Always...

Multiple Democrat lawmakers are quietly telling allies worried about Vice President Kamala Harris’s controversial grocery price-control plan that the proposal will die in Congress, Politico revealed. After economists pushed back on Harris’s “Soviet-style” plan to centrally administer price controls on food in her first policy-focused speech on August 16, one anonymous Democrat told the outlet that it was a “lofty goal.” “I honestly still don’t know how this would work,” a second lawmaker said.

Kamala Harris is beginning to offer the first definitive clues of a new economic vision — one with the potential not only to offer a unifying vision for the Democratic Party but also to serve as the foundation for a governing philosophy that crosses party lines. In recent years, both parties have broken with a markets-know-best default setting. The question is, what comes next? One influential school of thought, advanced by Ezra Klein and Derek Thompson, argues for increasing the supply of essentials such as housing, health care and clean energy, in part by using government to break the choke...

Kamala Harris wants to outlaw the very mechanism that enables consumers to buy what they need most in a time of scarcity. What gives?

Daniel Alman from Squirrel Hill @DanielAlmanPGH #KamalaHarris's proposal to tax #UnrealizedCapitalGains sounds very similar to #France's #WealthTax. People who don't undertstand #HumanNature, #Economics, and #Math should not be allowed to create #TaxPolicy. https://washingtonpost.com/archive/politics/2006/07/16/old-money-new-money-flee-france-and-its-wealth-tax/49ac2ec7-c1b2-423e-a89b-699750275cd4/ #TaxTheRich #Tax #Taxes #KamalaHarris2024

An interview between Sen. Elizabeth Warren (D-Mass.) and CNBC host Joe Kernen boiled over Friday morning, when the two sparred over Vice President Harris’s recent pledge to ban price gouging if elected in November. Harris unveiled her economic plans last week, including the proposed ban, which would give the Federal Trade Commission the ability to investigate companies that increase their prices during periods of higher inflation. “This could be another tool in toolbox,” Warren said of the proposal, before Kernen interrupted. “Senator how would this policy do that,” he asked. Warren replied, “I let you finish your argument, did you...

Sen. Elizabeth Warren (D-MA) claimed Thursday night that electing Vice President Kamala Harris president would lead to lower grocery prices despite the fact that inflation has skyrocketed over the last four years during the Biden-Harris administration. Warren made the comments as she spoke during the final night of the Democratic National Convention in Chicago on Thursday. Throughout her speech, she claimed that Harris would be better on economic and social issues. “You know what I love best about Kamala Harris? Kamala Harris can’t be bought and she can’t be bossed around,” Warren claimed after walking onto the stage and breaking...

Democrat presidential nominee Vice President Kamala Harris’s economic plan would increase taxes by $5 trillion over ten years, according to Americans for Tax Reform (ATR). Harris’s campaign announced an enormous economic package on Monday that would undo former President Donald Trump’s tax cuts, claiming it would be part of “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.” Trump’s Tax Cuts and Jobs Act slashed the corporate tax rate from 35 to 21 percent, lowered income tax rates, and doubled the standard deduction. Harris’s economic...

When Kamala Harris became the presumptive nominee of the Democratic Party, it undoubtedly caused a jolt of enthusiasm for her party, which had been looking at a landslide defeat with Joe Biden on top of the ticket. She took the lead in the polls as well as in the political markets. Harris had as much as a seven-point lead in Polymarket in the days leading up to the Democratic National Convention. Between the wall-to-wall glowing coverage from the media and the convention coverage, Harris would maintain that lead, if not expand on it. However, the lead she had before the...

During an interview with CBS News on Monday, Rep. Jennifer McClellan (D-VA) responded to criticisms of 2024 Democratic presidential candidate Vice President Kamala Harris’ “price gouging” proposal by stating that when Democrats are in the White House, “costs go down.” Host Lindsey Reiser asked, “Harris is receiving some criticism for her economic proposals unveiled Friday, particularly when it comes to the proposed federal price gouging ban. The Washington Post editorial board published an op-ed saying, ‘The times demand serious economic ideas. Harris supplies gimmicks.’ Economist Jason Furman, who was in the Obama administration, told [The New York Times], ‘I think...

More documents have surfaced indicating just how much Democratic vice presidential candidate Gov. Tim Walz (D-MN) adored Chinese communism, claiming that it offered a society where "everyone shares" and the state provides free clothing and food to its citizens. Democratic presidential candidate Vice President Kamala Harris has spoken of “equality of outcomes” or “equal outcomes," and has toted an economic plan that includes price controls which have led people to label her plan "Kamunism." Christopher F. Rufo posted on X: “Wow: The Free Beacon dug up this old news article in which Tim Walz defines 'communism' as a system in...

"Vice President Kamala Harris would work to raise the corporate tax rate to 28%, the Harris campaign has confirmed to Fox News."

She should have just kept her mouth shut about the economy. I know that sounds harsh, but it is true. The best chance that Kamala Harris had of winning was to stand for nothing. I am being completely serious. For the first few weeks of her campaign, she was being showered with positive coverage by the mainstream media even though she had not come forward with any serious policy proposals. She could have probably continued doing that all the way to election day in November, but now she has ruined her campaign by telling us what she actually plans to...

I’m not saying that the Democrats are ready to commit genocide or open gulags, but it really is weird how leftists always think alike, no matter the time or place. The Harris-Walz ticket, we’re told, is all about joy. Joy. Joy. Joy. Also, it’s about the benefits Democrats create for children, with a special focus on teachers’ unions and Tim Walz’s creepy (but, to Democrats, admirable) focus on LGBTQ+ youth. However, alert people are noticing that the Democrats’ campaign’s slogans, along with their images and ideas, have an uncanny resemblance to some things coming out of really icky regimes, such...

When you've got markets swooning, the price of gold hitting record highs, and skeptical reporters asking you about your communism-mimicking economic plan, maybe you should have some prepared explanations for the questions that arise. Kamala Harris didn't. Here's her response to a CNN reporter's question about how she plans to "pay for" all her big spending plans: Collin Rugg @CollinRugg NEW: Kamala Harris struggles to answer after a reporter asks her about her economic policy, says “return on investment” four times. Reporter: Can you explain how you're gonna pay for your policies?Harris: Well, I mean, you just look at it...

Kamala Harris was in Pennsylvania on Sunday. We reported earlier on some of her remarks, including a word salad about democracy. Kamala word salads are so back: "Our election is about understanding the importance of this beautiful country of ours in terms of what we stand for around the globe as a democracy. As a democracy, we know there's a duality to the nature of democracy. On the one hand, incredible strength when it is in tact. What it does for its people to protect and defend their rights. Incredibly strong. And incredibly fragile."pic.twitter.com/GeMmgVESFk— Greg Price (@greg_price11) August 18, 2024Number...