Vice President Kamala Harris said in a speech at the DNC convention, that Donald Trump doesn`t fight for the middle class people. She said he is fighting for himself, and his rich friends. Instead of a Trump tax hike, we will pass a middle-class tax cut, she said.
When did Trump say he is planning a tax hike? Never. Trump and the Republicans stand for the opposite. They want to cut taxes and it is their core values. It is the Democrats that want to increase the taxes.
Harris’ economic proposal is 28% corporate tax. 44,6% capital gains tax. 25% tax on unrealized gains. Price controls. No tax on tips, and up to $6K Child tax credit.
Many people do not understand politics, and they don`t know the difference between left and right. They don`t understand the difference between the Democrats and Republicans.
The Democrats on the left side want to steal as much money as they can from people. Republicans do the opposite, and tax cuts are very important to Republicans.
Tax cuts are a significant priority for Republicans in the U.S. Tax policy has been a central issue for the Republican Party for many decades, with tax cuts often being at the forefront of their economic agenda. Here are a few key reasons why tax cuts are important to Republicans:
LIMITED GOVERNMENT: Tax cuts are seen as a way to limit the size and scoop of government. By reducing the amount of revenue the government collects, Republicans aim to curb government spending and encourage more efficient use of resources.
SUPPLY-SIDE ECONOMICS: This economic theory, often associated with Republican policy, suggests that lower taxes lead to increased production, investment, and innovation, which in turn can boost overall economic activity and eventually increase government revenue despite the lower tax rates.
INDIVIDUAL FREEDOM: Many Republicans believe that individuals should have the freedom to spend and invest their money as they see fit, rather than having the government take a larger share through taxation. Tax cuts are seen as a way to enhance personal liberty by reducing government intervention in people`s financial lives.
POLITICAL IDENTITY: Tax cuts have become a core part of the Republican Party`s identity. Prominent Republican leaders, such as Ronald Reagan and George W. Bush, have implemented significant tax cuts during their administrations, reinforcing the party`s commitment to this issue.
Harris said she want to cut taxes, and you can see thousands of people at the DNC convention agree with her, but this is a Republican policy. Saying that Trump will hike taxes is a BIG LIE.
You can also see that nearly all the Democrats Freedom banners, but this is a Republican agenda. They are stealing everything that Trump and the Republicans stands for. Why? They don`t have their own agenda. They don`t have a clear vision for the future. This is embarrassing.
Tax cuts are a cornerstone of Republican economic philosophy, reflecting their broader goals of promoting economic growth, limiting government, and enhancing individual freedom.
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Ket Garden
Shiny bull 