ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Stuart Varney: Kamala Harris' 'show' is being run by socialists

FOX Business' Stuart Varney analyzed Kamala Harris' economic plan, arguing that the centerpiece of her policy is to raise taxes and spend taxpayer money.

During his "My Take," Thursday, "Varney & Co." host Stuart Varney argued Harris' "handlers" are trying to move the Democratic nominee to the center to make her more electable, but they can't hide that the centerpiece of her economic policy is to raise "all kinds of taxes."

STUART VARNEY: When Kamala Harris suddenly became the Democrats' new candidate, new people started to arrive at her campaign office. 

They were former Obama staffers, drafted in to organize her new message. 

HARRIS' ECONOMIC PLAN WOULD ADD OVER $1.7 TRILLION TO NATIONAL DEBT: CRFB

They've tried to move her from the left, to the center. They want to make her electable.

But if you look closely, the centerpiece of her economic policy is raising taxes, all kinds of taxes.

For high income earners, raise the rate on capital gains from 20 to 28%.

Get some income from your investments? Raise the tax rate from 3.8% to 5%.

HARRIS ECONOMY WILL SPIKE YOUR TAXES BY $1,100 AND MAKE AMERICA'S WORKING CLASS SUFFER

The top income tax rate goes from 37 to 39.6%. The corporate tax rate nearly doubles, from 15 to 28%.

The biggest tax hike of all comes from letting Trump's tax cuts expire.

The most pernicious hike is the wealth tax. 

That means, people with big money have to hand over a portion of their wealth every year. 

You've got it, we want it, hand it over.

Let’s not forget that when Joe Biden was elected, he was supposed to be a centrist, but as soon as Elizabeth Warren, Bernie Sanders and Kamala Harris got hold of him, he took a left turn.

HARRIS CALLS FOR RAISING CORPORATE TAX RATES TO 28%

If Harris is elected president, how do we know she won't take a similar left turn? Raising taxes even more.

She will not abandon the Green New Deal, which means massive spending. 

We could end up with a tax and spend program way beyond anything in the past.

Harris' handlers are polishing her centrist image, but don't be fooled. 

There's nothing centrist about the socialists running the Kamala Harris show. 

FOR MORE FOX BUSINESS CLICK HERE

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.