Vice President Kamala Harris will propose a tax deduction of up to $50,000 for new small businesses on Wednesday, a tenfold increase over existing relief and her latest economic policy aimed at winning over middle-class Americans after jumping into the presidential race over a month ago.
Of course all of these things would be nice, but I just don’t think it’s an electable platform in 2024.
It’s not based in reality, but the “biden broke the ecomony” narrative has a lot of traction.
This type of policy would lose more votes than it would win.
Agreed. We should stick to the public healthcare first, and revisit others in 15-20 years.
I’m kind of surprised public healthcare hasn’t already been pitched in this way. Hell, that $50k should be a medicare credit.
Dam, you both sound right. And that’s some sad shit to realize.
We can both be right. My goal is showing how appealing government spending can be and is generally. The more people thinking this way, the more palatable “you know what, maybe we should have a 1000% tax on private jet and yacht fuel”.
Raising taxes on multimillionaires/billionaires should be a lot more popular than it currently is.
That’s because half the population actually believes they’ll be as rich as those high tax brackets (which will never happen).