LumRaiderFan Posted 2 hours ago Report Share Posted 2 hours ago This is the hidden content, please Sign In or Sign Up From the article: Vice President Kamala Harris' tax plan could cost the U.S. economy nearly 800,000 jobs, a new analysis by the Tax Foundation finds. Harris' tax plan, which contains a variety of tax increases, cuts and credits, is based largely on President Biden's budget – though the vice president has offered her own policy ideas since becoming the Democratic presidential nominee. Overall, the Tax Foundation analysis finds a loss of 786,000 full-time equivalent jobs over the long run under Harris' plan when compared to baseline projections, as well as 2% decline in long-run GDP and a 1.2% dip in long-run wages, while bringing in nearly $1.7 trillion in additional tax revenue over the next decade. "Similar to the president's proposals, we find that it would reduce the long-term growth of the economy, it would reduce American incomes relative to where they would otherwise be, and it would lose, rounding up, close to 800,000 jobs in the long-run," Garrett Watson, senior policy analyst and modeling manager at the Tax Foundation, told FOX Business in an interview. Quote Link to comment Share on other sites More sharing options...
Reagan Posted 2 hours ago Report Share Posted 2 hours ago When has she ever ran anything to know how to run anything? Quote Link to comment Share on other sites More sharing options...
5GallonBucket Posted 1 hour ago Report Share Posted 1 hour ago What was the 1st thing biden did when he got into office concerning jobs Quote Link to comment Share on other sites More sharing options...
HuntersLaptop2028 Posted 48 minutes ago Report Share Posted 48 minutes ago >> as well as 2% decline in long-run GDP Use your brain guys, this ain’t happening. You said it during 8 years of Obama.. you said it under 4 years of Biden, and now you’re saying it’ll happen under Kamala. Quote Link to comment Share on other sites More sharing options...
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