Harris tax plan could be a job killer

 Newsmax:

A new study from the Tax Foundation suggests that Vice President Kamala Harris' tax plan could result in significant job losses, hinder economic growth, and complicate the U.S. tax code, the Daily Caller reported.

Vice President Kamala Harris' proposed tax plan could eliminate nearly 800,000 full-time jobs and stifle economic growth, according to a study released Tuesday by the Tax Foundation.

The plan, which includes raising corporate tax rates and imposing taxes on unrealized capital gains, would significantly impact employment, wages, and gross domestic product in the long term, the study found.

The report estimates that Harris' plan would cut approximately 786,000 full-time jobs and reduce the U.S. GDP by 2%. Wages could decline by 1.2%.

In contrast, former President Donald Trump's economic proposals, including a 60% tariff on China, would result in about 387,000 lost jobs but slightly increase wages by 0.6%, according to the same study.
...

The purpose of tariffs is to protect American jobs and to increase revenue to the treasury.  If they are not doing that they look like a mistake.  Harris's tax plan looks like a disaster across the board.

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