yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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.

More Articles

View All
Charlie Munger: How to Get Rich Starting at $0
Sew a lot of videos out there claim they will help make you rich, but these five wealth building principles from Charlie Munger actually will. When you type in the words “how to get rich” in YouTube or in the Google search bar, you get flooded with all so…
Bill Belichick & Ray Dalio on Toughness: Part 1
When we were talking before, we were talking about, um, the different elements and systemizing it. Um, for example, you describe the different types of toughness. Um, the person gets hit this way has got a certain type of toughness. This you probably gave…
15 Biggest Opportunities You'll Have in Your Life
Life is full of opportunities that can shape your journey and define your future. From the early days of education to building a family, each opportunity gives you a chance for growth, fulfillment, and success. Here are the 15 biggest opportunities you’ll…
Geoff Ralston - Parting Advice
High startup school founders, I am Jeff Ralston, YC’s president, and I’m here to say so long and to give a few words of parting advice. It’s after 10 extraordinary weeks of startup school. We here at YC are about to focus on our winter 2020 batch, and yo…
Episode 1 Recap | MARS
Previously on Mars, we knew Mars wouldn’t welcome us with open arms. Warning system offline. Permission was switched from primary to backup. “Do it. Prepare for V’s propulsion.” We were ready to give everything to get there. Mission Control, us in datal…
The Truth About Being Famous
I’m the most hated man in Austria. Nobody knows that I won an award for it. What does it mean to you to be known as Mr. Wonderful? I don’t know how that happened. We’ve been trying to find the tape where that occurred. We think it was an exchange with Bar…