Hageman warns of Harris’ $5T tax plan’s economic destruction
- Harriet Hageman warns that Kamala Harris' $5 trillion economic plan could devastate the U.S. economy.
- She argues that doubling tax increases would lead to severe inflation and force Americans to give up a large portion of their paychecks.
- Hageman concludes that Harris' policies are extreme and could have dire consequences for both the nation and global stability.
Wyoming Congresswoman Harriet Hageman has expressed serious concerns regarding Kamala Harris' proposed $5 trillion economic plan, arguing that it would have catastrophic effects on the U.S. economy. Hageman highlights that current budgets are already at $4-$5 trillion, and doubling tax increases would exacerbate existing inflationary pressures. She fears that such economic strain would lead Americans to surrender a significant portion of their paychecks, potentially reaching 60-80%. Hageman criticizes Harris' capability to govern, suggesting that her policies could lead to the destruction of the industrial base, small businesses, and educational funding. In her remarks, Hageman emphasizes the extreme nature of Harris' proposals, which she believes are not only harmful to the U.S. but could also threaten global stability. She accuses the mainstream media of shielding Harris from scrutiny, thereby keeping the public unaware of the potential consequences of her policies. Hageman's comments reflect a broader concern among some lawmakers about the implications of increased government spending and taxation. The congresswoman's statements come amid ongoing political debates about fiscal responsibility and economic management. As the nation grapples with inflation and economic recovery, Hageman's warnings serve as a rallying cry for those who oppose Harris' approach to economic policy. The potential for significant tax increases raises questions about the sustainability of current economic practices and the future of American businesses. Overall, Hageman's critique underscores a deep division in political perspectives regarding economic strategy, with significant implications for the upcoming elections and the direction of U.S. policy.