There is 'No Daylight' Between the Destructive Economic Policies of Kamala Harris and Joe Biden

When Dangerously Liberal Kamala Harris visits North Carolina, the question must be asked: why hasn't she done the things she is now saying she would do?

She has no vision, no solutions, and no answers on how she would be different than what we've seen under the weak and failed Harris-Biden Administration.

"Kamala Harris is wrong on the economy, wrong on the Southern border, and wrong for North Carolina families. President Trump has the right policies and the proven record to Make America Great Again," said NCGOP Communications Director Matt Mercer.

American families have been ravaged by the high cost of living under Harris-Biden — and she owns every bit of it. She has even repeatedly claimed that “Bidenomics is working” and that she is “proud” of Bidenomics!

UNDER KAMALA HARRIS

• The Kamala economy has wiped out more than 80% of Americans’ personal savings since January 2021 — nearly $3 trillion.
• Americans have been subjected to the longest period of high inflation in more than three decades, which has cost the average family an extra $28,000 paying for the increased cost of living.
• Overall prices have soared by 20.2%, while real average weekly earnings have declined by 3.9%.
• Energy prices have soared 13 times faster than the previous seven years.
• The median housing payment has increased nearly $1,000/month, with overall housing costs up nearly 50% as the cost of homeownership hits its highest in three decades.
• Americans' collective credit card debt has reached another all-time high.
• Kamala cast the tie-breaking vote for the American Rescue Plan, which even liberaleconomists admit drove prices to record highs — and has approved an astonishing, inflation-accelerating $11 trillion in spending.

KAMALA IS IN OFFICE RIGHT NOW -- SO WHY HASN'T SHE DONE ANYTHING ABOUT HIGH PRICES?

All she has done is make things worse as she pushes for trillions in tax hikes, socialized health care, and welfare for illegals.

Her only solution so far is a Soviet-style price fixing scheme that will inevitably lead to food lines, shortages, and skyrocketing inequality.

For more than a month, Harris' campaign website lacked any detail about specific policies she plans to implement as president.

She would be the most radical, far-left president in U.S. history.

• According to Kamala Harris herself, "I am a radical. I do believe that we need to get radical about what we are doing."
• Based on her senatorial voting record, Harris is more progressive than Barack Obama, Hillary Clinton, Joe Biden, Elizabeth Warren, and Bernie Sanders.
• While Harris will attempt to walk back her most extreme positions on the debate stage and pretend she can wipe away her past - make no mistake, Harris' values have not changed.
• As president, Harris would implement Soviet-style price controls, eliminate private health insurance, pass the largest tax hike in American history, ban fracking, decriminalize illegal immigration, and more.

HARRIS IS PROPOSING THE LARGEST TAX HIKE IN AMERICAN HISTORY

Harris has also pledged to eliminate President Trump's tax cuts and institute the largest tax hike in American history.

• President Trump's Tax Cuts and Jobs Act created a deduction for households with income fro m small businesses.
• By repealing Trump s tax cuts, Harris would rase taxes on nearly 26 million small business owners.
• Harris wants to raise the federal capital gains tax to 33 percent - the highest capital ga ins tax since 1978.
• By comparison, China has a 20 percent capital gains tax and Europe's average capital gains t ax is 17.9 percent.
• Raising the capital gains tax is likely to damp investment and reduce risk-taking.
• Harris supports a minimum 25 percent tax on unrealized gains for some Americans - meaning th ey would have to pay taxes on assets that increased in value even if they didn't sell it.
• Taxing unrealized gains would likely reduce incentives to invest and hurt the long-term growth of the economy.
• A tax on unrealized gains is opposed by three-quarters of Americans.
• While Democrats pretend this tax will only hit the rich, in reality it will hurt family businesses and farms.
• Harris wants to raise the business tax rate from 21 percent to 28 percent.
• In 2024, the Tax Foundation estimated that raising the corporate income tax to 28 percent would kill 125,000 jobs, shrink the economy, and cut wages.
• Known as "the most harmful tax for economic growth," raising the corporate tax rate wo uld worsen the competitive position of U.S. businesses and reduce prospects for business investment and workers.
• Harris' tax hike would give the U.S. a higher corporate tax rate than communist China.
• American workers would bear the brunt of Harris' corporate tax increase.
• By raising the corporate tax rate, American families would be hit with increased utility bills due to increased costs for utility providers.
• When including state taxes, corporate taxes would jump to the second highest in the OECD, after  Columbia.
• Harris supports second death tax by removing the step-up in basis.
• This will impose a "steep tax increase and paperwork nightmare for small businesses, farms, and families."

HARRIS' HOUSING PLANS WOULD RAISE COSTS

• Harris wants to provide first-time homebuyers with $25,000 to help with the down payment on a new home, but is doing nothing to increase the supply of new homes.
• Economists have said that Harris' new homebuyer tax credit would actually cause home prices to rise even more, doing nothing to make homeownership more affordable for the middle class. 
• The Committee For A Responsible Federal Budget says that Harris' housing plan would cost $20 0 billion over four years, with the $25,000 tax credit costing $100 billion alone.
• The Penn Wharton Budget Model estimates that this tax credit would cost $138 billion over 10 years.
• Harris would also implement federal rent control, limiting rent increases by certain landlords at no more than 5 percent per year.
• A majority of economists agree that rent control policies hurt housing markets and ultimately limits supply.
• Under Harris' leadership, rent prices have already increased by 22 percent.

HARRIS WILL EMPOWER "DEFUND THE POLICE" ACTIVISTS AND CAVE TO CRIMINALS

• Harris has praised the "defund the police" movement, saying the movement "rightly" called out the amount of money spent on police departments instead of community services.
• Harris has repeatedly stated that the U.S. needs to "reimagine" law enforcement, arguing for less police in the streets and redirecting funding from law enforcement to other services.
• Harris believes it is "outdated" and "wrongheaded" to think that more policing will make communities safer, adding, "what we have to do, and what we will do, is reimagine public safety."
• Harris supports diverting resources away from law enforcement to "addressing mental health, homeless and substance abuse."