So,
@Revoltingest, in listening to Harris speak to the Economic Club of Pittsburgh today, one of the things she mentioned is increasing the $5,000 tax exemption for start-up costs for small businesses to $50,000, because, as she said, it's just about impossible to start a small business on $5,000.
It all depends upon the kind of business one starts.
I'd prefer that she address onerous regulations &
policies that impede starting a new business.
But that would require more words to say, & likely
be less powerful than pandering with a give-away.
She will focus on lowering costs for Americans by:
- cutting taxes for middle-class families (that's not price controls)
The fact that she promised price controls isn't
washed away by promising tax cuts to the
biggest voter block.
Must you make me say it?
OK....
Duh!
- $6,000 for new parents in a child's first year
- cut costs of child and elder care
What does that even mean?
Price controls? Wage controls?
Spending limits? Tax deductions?
- ensure all have access to paid leave, to care for senior, children and other's (home care costs way less than institutionalized care)
Someone will pay.
Who?
- reduce the cost of housing by:
- cutting red tape that sstops housing from being built
The red tape is at township, city, & state level.
Perhaps she can use the bully pulpit to address
this, but she has no real power to force anything.
- take on corporate landlords hiking rents in price-gouging situations
Only landlords that are corporations?
National rent control?
Stupid on steroids.
- work with developers to build 3 million homes (driving down housing costs in part by increasing supply)
- $25,000 downpayment assistance
Does "work with" mean anything specific & practical?
Or just vague pablum-promising pandering...aping
Trump's style?
Now, I have to say that sounds good.
It's designed to sound good.
High flying promises.
Take from few Pauls to give to the many Peters.
No specifics.
Small business do drive a great deal of the economy, and if they get off to a good start, they eventually becoming net tax-paying businesses. And wealth is created by those doing the work, not so much by those profiting from it.
Small businesses are great.
So are medium & large ones.
But those are for attacking.
They're boogeymen who do the "price gouging",
so that she can sell rent control & other socialist
leaning takeovers of the private sector.
She's dumb & authoritarian.
Just far less so than Trump.