The Kamala Harris Thread

Beerman said:

I notice you left out how taxing the wealthy on unrealized gains gives us an "opportunity economy", whatever that is.

Yes, protecting the wealthy is a favorite hobby of working class Trump voters.  You haven't exactly said how her plan would adversely affect you or damage our economy.  

Crusades said:

What's "right wing talking points" Anything you don't agree with? 

Are you confused about the meaning of "right wing" or about "talking points"? Which part don't you understand?

toomuchbaloney said:

Yes, protecting the wealthy is a favorite hobby of working class Trump voters.  You haven't exactly said how her plan would adversely affect you or damage our economy.  

It's weird how questioning a bad and unspecific plan, one that adds a drastic amount of additional risk to a individual's financial investment in order to benefit the government, is considered "protecting the wealthy."

For one, what do you think will happen to our retirement funds tied up in the stock market if the wealthy decrease their investments in it?

There's no shortage of opinions out there that explain why it's a bad idea.  

But, let's put that aside.  How does Kamala's plan for an "opportunity economy" come to fruition by taxing the unrealized capitol gains of the wealthy?

Beerman said:

It's weird how questioning a bad and unspecific plan, one that adds a drastic amount of additional risk to a individual's financial investment in order to benefit the government, is considered "protecting the wealthy."

For one, what do you think will happen to our retirement funds tied up in the stock market if the wealthy decrease their investments in it?

There's no shortage of opinions out there that explain why it's a bad idea.  

But, let's put that aside.  How does Kamala's plan for an "opportunity economy" come to fruition by taxing the unrealized capitol gains of the wealthy?

 "Drastic amount of additional risk" is quite a big, but nonspecific claim. Maybe you could offer some additional information to aid the discussion.  I'm not afraid that the wealthy are going to divest in the stock market because of Harris's plan.  

Are you assuming that the Harris's plan for an 'opportunity economy' is limited to capital gains taxes to bring it "to fruition"?

https://taxfoundation.org/research/all/federal/kamala-harris-tax-plan-2024/

toomuchbaloney said:

 "Drastic amount of additional risk" is quite a big, but nonspecific claim. Maybe you could offer some additional information to aid the discussion.  I'm not afraid that the wealthy are going to divest in the stock market because of Harris's plan.  

Are you assuming that the Harris's plan for an 'opportunity economy' is limited to capital gains taxes to bring it "to fruition"?

https://taxfoundation.org/research/all/federal/kamala-harris-tax-plan-2024/

If you're attempting to show us how her policies would fail us, mission accomplished.

From the article you posted:

"On a gross basis, we estimate that Vice President Harris's proposals would increase taxes by about $4.1 trillion from 2025 to 2034. After taking various credits and tax cuts into account, Harris would raise about $1.7 trillion over 10 years on a conventional basis, and after factoring in reduced revenue from slower economic growth, the net revenue increase comes to $642 billion. We estimate the proposed tax changes would reduce long-run GDP by 2.0 percent, the capital stock by 3.0 percent, wages by 1.2 percent, and employment by about 786,000 full-time equivalent jobs.

We find the tax policies would raise top tax rates on corporate and individual income to among the highest in the developed world, slowing economic growth and reducing competitiveness. The tax credits and other carveouts would complicate the tax code, run more spending through the IRS, and, together with various price controls, fail to improve affordability challenges in housing and other sectors."

Nice work.

Beerman said:

It's weird how questioning a bad and unspecific plan, one that adds a drastic amount of additional risk to a individual's financial investment in order to benefit the government, is considered "protecting the wealthy."

For one, what do you think will happen to our retirement funds tied up in the stock market if the wealthy decrease their investments in it?

There's no shortage of opinions out there that explain why it's a bad idea.  

But, let's put that aside.  How does Kamala's plan for an "opportunity economy" come to fruition by taxing the unrealized capitol gains of the wealthy?

Well because ypu know, she grew up in a middle class family and Americans are struggling.

Thsts how. . 

Beerman said:

If you're attempting to show us how her policies would fail us, mission accomplished.

From the article you posted:

"On a gross basis, we estimate that Vice President Harris's proposals would increase taxes by about $4.1 trillion from 2025 to 2034. After taking various credits and tax cuts into account, Harris would raise about $1.7 trillion over 10 years on a conventional basis, and after factoring in reduced revenue from slower economic growth, the net revenue increase comes to $642 billion. We estimate the proposed tax changes would reduce long-run GDP by 2.0 percent, the capital stock by 3.0 percent, wages by 1.2 percent, and employment by about 786,000 full-time equivalent jobs.

We find the tax policies would raise top tax rates on corporate and individual income to among the highest in the developed world, slowing economic growth and reducing competitiveness. The tax credits and other carveouts would complicate the tax code, run more spending through the IRS, and, together with various price controls, fail to improve affordability challenges in housing and other sectors."

Nice work.

Did you catch the part where her plan is better for the country than Trump's?   

toomuchbaloney said:

Did you catch the part where her plan is better for the country than Trump's?   

LOL.  That's quite the deflection.

There is no mention of Trump or his plan in the article.

Nice try.

Beerman said:

LOL.  That's quite the deflection.

There is no mention of Trump or his plan in the article.

Nice try.

 

But it was pointed out earlier in this thread that multiple entities have analyzed the plans and found Harris's to be the better plan for our economy.  

toomuchbaloney said:

But it was pointed out earlier in this thread that multiple entities have analyzed the plans and found Harris's to be the better plan for our economy.  

That may or may not be true, but you're still deflecting.

I've asked you three times how taxing the wealthy on unrealized capitol gains provides an "opportunity economy."  The only attempt you've made to answer is providing a link to an article that explains how it's a terrible plan.

Weird. 

Beerman said:

That may or may not be true, but you're still deflecting.

I've asked you three times how taxing the wealthy on unrealized capitol gains provides an "opportunity economy."  The only attempt you've made to answer is providing a link to an article that explains how it's a terrible plan.

Weird. 

It's weird. He will claim that you should already know and that he already posted . I think the idea is because he said so means it is. 

I've tried to ask for answers and this is the answer I got. 🙃 

I'm wonderingvwhy none of these great plans for the economy have not been done in the last 4 yrs?  

Crusades said:

It's weird. He will claim that you should already know and that he already posted . I think the idea is because he said so means it is. 

I've tried to ask for answers and this is the answer I got. 🙃 

I'm wonderingvwhy none of these great plans for the economy have not been done in the last 4 yrs?  

It is weird that y'all don't know what Harris's plan are even though she articulates them clearly and you have been able to read about them for weeks.  It's weird because you are fixated on Harris's plans while ignoring the reality that your candidate can't articulate a plan that Durant involve him ranting and rambling about tariffs or energy production.  

Trump and his VP still have fantasies about ending the ACA and now everyone knows that he has no plan for replacing that legislation.  He will just throw millions into healthcare hell on a whim.  That's weird.