Vice President Kamala Harris found herself in a bit of a bind during a recent interview when asked how she plans to fund her ambitious government programs if Republicans take control of the Senate. The interview, conducted by Stephanie Ruhle on MSNBC, wasn’t exactly a grilling session, but Harris still struggled to provide a clear answer when it came to the all-important question of money.
— Benny Johnson (@bennyjohnson) September 25, 2024
Ruhle, in a soft but pressing manner, asked Harris what her plan would be if raising the corporate tax rate wasn’t an option. With Republicans potentially in charge of the Senate, Harris would face serious hurdles in enacting tax hikes on big businesses, a cornerstone of the administration’s funding strategy. “What would you do if you couldn’t pay for your plans by increasing the corporate tax rate?” Ruhle asked, hinting at the economic repercussions such tax hikes could have.
This is what you say when you didn’t do the reading but got called on in class. https://t.co/mEd7pdbkIW
— Cernovich (@Cernovich) September 25, 2024
“Well, we’re going to have to raise corporate taxes, and we’re going to have to make sure that the biggest corporations and billionaires pay their fair share. That’s just it,” Harris replied. She continued to emphasize her belief that corporations and the wealthiest Americans should contribute more, stating, “It’s about paying their fair share.”
After three years of a FAILED administration Biden just confirmed on The View that Kamala has been working with him on all things "foreign policy" and "domestic policy."pic.twitter.com/onWQawQrLx
— Benny Johnson (@bennyjohnson) September 25, 2024
But the Vice President’s claim that teachers and firefighters are paying more in taxes than the top earners in the U.S. didn’t quite line up with the numbers. In fact, the top 1% of income earners pay 46% of all federal taxes, more than the bottom 90% combined. This discrepancy didn’t seem to faze Harris, as she doubled down on her point about fairness, without addressing the more complex reality of who pays what in the U.S. tax system.
Ruhle then turned to a crucial question: How does the administration plan to ensure corporations “pay their fair share” without pushing them to leave the U.S. altogether? This is a legitimate concern as increased taxes can drive businesses to relocate, seeking more favorable tax environments overseas.
Kamala Harris ADMITS her administration has done NOTHING for middle-class Americans:
"Over the past several decades our economy has grown better and better for those at the very top." pic.twitter.com/59FowCUKHc
— Benny Johnson (@bennyjohnson) September 25, 2024
Harris responded, “I work with a lot of CEOs... and they agree that people should pay their fair share.” She followed up by outlining her plan to invest in the middle class, new industries, and small businesses, arguing that these investments would boost the economy and, in the end, benefit everyone.