The Difference Between Trump and Harris Policy

less than 1m read

·Nov 7, 2024

So the difference is in Harris's platform. She says, "Look, I'm going to pick winners, but to pay for that, I'm going to tax everybody at 28%." Now, I can't find a time in history when corporate tax rates in America were increased that much in one signature ever. That would take the competitiveness of the US economy from, call it, middle of the pack to the bottom quartile. Probably not a good idea, but that's what she wants to do.

Trump is different. He's saying, "I'm going to keep taxes around 20% or try and lower them, and it's jump ball for every sector. I'm not going to decide who's going to get one grant or another. I'm not picking winners." So, she wants to pick winners, and he's saying, "No, I just want a really level playing field on all sectors and keep corporate tax rates around 20%." We're relatively competitive globally now.

That's a big stark difference, but that's not really what the debate's about outright now because it's turned into this crazy rhetoric in this last 10 days. Trump is calling her a radical left-wing—pick your adjective, whatever. And she has got her proxies out and herself calling Trump a fascist, Nazi. I don't know really why this has any merit in terms of swing state voters.

Michael Burry's Controversial Bet for 2024.

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The Difference Between Trump and Harris Policy

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