(The Economic Collapse Blog)—She just can’t help herself. If Kamala Harris was smart, she would not have any specific policy positions. She is not a serious candidate and she should not try to be one. Her best chance of winning to to just wave and smile a lot. When she was running on “joy” for the first couple of weeks, millions of Americans loved that. Of course it was a total charade because just like Hillary Clinton, behind the scenes Kamala Harris is extremely mean and vicious. That is why she has always had such a high turnover rate among her staff. But if she had just kept running on “joy”, there is a very good chance that she could have won.
Unfortunately for Harris, she feels compelled to tell the American people what she actually plans to do once she becomes president.
And that is a really bad thing for her campaign, because just about everyone hates her ideas.
For example, why would she tell the American people that she wants to raise taxes? I don’t know anyone that actually wants to pay more taxes.
She should have just said nothing about taxes and then raised them after the election. By telling people in advance what she plans to do, she is just losing votes.
Americans for Tax Reform examined the plan that she has endorsed, and they concluded that it would raise taxes by 5 trillion dollars over the next 10 years.
The biggest chunk of that new money would come from raising the corporate tax rate from 21 percent to 28 percent…
U.S. Vice President Kamala Harris is proposing to increase the corporate tax rate to 28% from 21% if she wins a November election against Republican rival Donald Trump, her campaign said on Monday.
Harris campaign spokesperson James Singer said the move would be part of “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.”
We are being told that raising the corporate tax rate to 28 percent would bring in about a trillion dollars in revenue over the course of the next ten years…
When Trump was president, he slashed the corporate tax rate to 21% from 35% and implemented other tax breaks that are set to expire next year. Trump has vowed to make the cuts permanent.
The Committee for a Responsible Federal Budget, a nonpartisan advocacy group, said on Monday that Harris’ proposal to raise the corporate income tax rate to 28% would reduce the U.S. deficit by $1 trillion over a decade.
But we certainly won’t raise that kind of revenue if corporations start moving out of the country in very large numbers. If what Kamala Harris is proposing becomes law, we will actually have a higher corporate tax rate than communist China…
Kamala Harris wants to hike the current 21% federal corporate income tax rate to 28%, higher than communist China’s 25% and the EU average of 21%, her campaign said Monday.
The Kamala Harris federal 28% rate is higher than the Asia average corporate tax rate of 19.8%, the EU average of 21%, the world average of 23.5%, and the OECD average of 23.7%.
If you don’t want to be called a communist, don’t try to tax businesses even harder than the communists.
Another element of the plan that Kamala Harris wants to implement that is causing a lot of controversy is a proposal to tax the unrealized capital gains of the ultra-wealthy. According to the Los Angeles Times, taxing those unrealized capital gains is part of a scheme for “a 25% minimum tax on the annual income of taxpayers with wealth of more than $100 million”…
All right, guys, take a deep breath. Harris hasn’t proposed taxing your unrealized capital gains, or mine. What she has said, as the Harris campaign told me, is that she “supports the revenue raisers in the FY25 Biden-Harris [administration] budget. Nothing beyond that.”
So what’s in that Biden-Harris administration budget for fiscal year 2025?
The budget plan does indeed call for taxation of unrealized capital gains held by the country’s uber-rich. That’s part of its proposal for a 25% minimum tax on the annual income of taxpayers with wealth of more than $100 million — a wealth tax. If you’re a member of that cohort, lucky you. But at that level of affluence you don’t have grounds to complain about paying a minimum 25% of your annual income.
Maybe you agree with Harris that it is time to stick it to the ultra-wealthy. Okay, but what is going to happen when lots of them decide to move out of the United States because they don’t want their unrealized gains taxed?
As Chicago venture investor Robert Nelson has pointed out, this proposal would have very serious consequences for our economy…
Taxing unrealized gains is truly the most insane, economy destroying, innovation killing, market crashing, retirement fund decimating, unconstitutional idea, which was probably planted by Russia or China to destroy the economy. Dems need to run away from this wildly stupid idea.
Many of the ultra-wealthy were originally inclined to support Harris.
Why is she seemingly intent on driving them away?
So far, I have just discussed two of the elements of the plan that Harris has endorsed. There are quite a few others that are also very troubling…
- Having small business owners pay taxes on their individual tax returns, up to 39.6 percent from the current 37 percent
- Imposing a second “death tax” — a mandatory capital gains tax at death — in addition to the current death tax
- Imposing a 21 percent global minimum corporate tax rate, which goes beyond the Organization for Economic Development’s (OECD) current 15 percent global minimum tax rate
- Quadrupling the tax on stock buybacks, which would impact Americans’ 401(k)s and other retirement accounts
- A 30 percent federal excise tax on electricity used in cryptocurrency mining
- A $37 billion tax on American energy
- A 32 percent increase in Medicare taxes
This is insane.
The federal government does not have a revenue problem.
Right now, the federal government is bringing in about 5 trillion dollars a year. What the federal government has is a spending problem.
We are trying to live way beyond our means, but the American people just keep sending the same big spenders back to Washington.
We are literally in the process of committing national suicide, and I really wish that I could get more people to understand that.
The national debt has surged past the 35 trillion dollar mark, and it continues to rise at a pace of more than 200 million dollars an hour.
Our federal government is the largest government in the entire history of our planet, and if #ComradeKamala gets into the White House it will inevitably get even larger.
Michael’s new book entitled “Chaos” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.
Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.
For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.
Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.
As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.
