Free Republic

On Friday’s broadcast of the Fox News Channel’s “Your World,” Harris-Walz Campaign Senior National Spokesman Ian Sams argued that 2024 Democratic presidential candidate Vice President Kamala Harris has proposed increasing capital gains taxes so there’s “an incentive so that people can continue to invest in the entrepreneurship that makes this country great.” And responded to charges that hiking the rate will discourage investment by stating that “I thought maybe people would say, well, President Biden proposed going all the way up to 40% and she’s proposing going to 28%.”

Vice President Kamala Harris’s tax plan would effectively vaporize nearly 800,000 full-time equivalent jobs, according to studies published by the Tax Foundation Tuesday. Harris’ proposals, including hiking corporate taxes to be among the highest in the developed world, would lower employment by roughly 786,000 full-time equivalent jobs, and reduce long-run gross domestic product (GDP) and wages by 2% and 1.2% respectively, the Tax Foundation found. Meanwhile, Trump’s proposals, including a 60% tariff on China, would lower employment by approximately 387,000 full-time equivalent jobs, lower long-run GDP by 0.2% and increase long-run wages by 0.6%.... ' Trump’s economic plan, including the...

Billionaire Mark Cuban acknowledged that Vice President Kamala Harris' plan to tax unrealized capital gains would "kill the stock market," while insisting that she won't go through with it as dubious CNBC hosts pushed back in a contentious interview Thursday. Cuban joined CNBC's "Squawk Box" on the phone to discuss his support for Harris, revealing that he regularly communicates with her campaign to advise on economic issues. The interview took a turn when Cuban was asked about the Biden administration’s proposal – which the Harris campaign has indicated it supports – to tax investment returns that have not yet been...

Mrs. POF and I are in Calgary today and tonight on our way to Banff and Lake Louise. While on a nice afternoon stroll across the Bow River, we found a Commiela campaign poster! I didn’t know she was simultaneously running in Canada.

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, you are supposed to drink AFTER the speech.” — Charlie Kirk, Turning Point USA. “The entire Democrat campaign will now be focused on gaslighting the country into believing Trump has been president for the last 4 years and Kamala has been an innocent bystander the whole time. They can’t run on her record, so they’re going to invent one and lie about it.” — Sean Davis, The Federalist. Get this: there is one thing, one lurking terror, behind every fake and desperate move the Democratic Party has made this dire election cycle: the fear that hundreds of high officials...

Billionaire Mark Cuban has spent the past few days on social media defending Kamala Harris' economic proposals — while scratching his head over Donald Trump's plans. Harris unveiled some of her policy proposals on Friday at a North Carolina rally. They include a federal ban on price gouging for groceries, a $25,000 subsidy for first-time homebuyers looking to make a down payment, and a $6,000 child tax credit. So far, Cuban, who joined over 800 venture capitalists announcing their support for Harris in July, is gravitating toward her ideas.

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...

You don't have to like Wall Street to recognize that they know which side of the slice their bread is buttered on. They know their onions what makes them money and what doesn't, premised on what makes an economy go fast, and what makes an economy screech to a halt. So now we have this: Charles Gasparino @CGasparino Breaking: Wall Street research departments working overtime this weekend to alert clients about the potential far left even socialist economic agenda of @KamalaHarris since her speech Friday, particularly her call for price controls. Even the gentle souls of finance can’t escape the...

The wealthy are doing just fine at the moment, but they don’t seem to understand that much of the country is deeply hurting right now. 59 percent of Americans believe that the U.S. economy is currently experiencing a recession, and that is because most of them are personally experiencing economic pain. Literally just about everything is substantially more expensive in 2024, more major layoffs are being announced with each passing day, and thousands of businesses are going bankrupt. We haven’t seen a tsunami of economic suffering like this in a long time.If you live in a wealthy area in a...