The Hidden Dangers of Kamala Harris's Tax Plan: How a 44.6% Capital Gains Rate Could Endanger the Middle Class and the American Dream

Kamala Harris's financial policies pose a significant threat to the middle class, potentially undermining their economic stability. Critics argue that these measures are part of a broader agenda orchestrated by elites aiming to consolidate wealth and control over assets.

The proposed increase in long-term capital gains tax rates to 44.6% raises concerns, particularly for those in the middle class and lower-income brackets. Unlike the ultra-wealthy, who can retain their investments without incurring taxes, the average citizen may be forced to sell assets, resulting in a substantial tax burden of 45% on their gains.

This tax plan represents the highest long-term capital gains tax rate since 1922, which many believe could jeopardize the American Dream. Having grown up in the middle class under the care of a single mother, I fear that such policies will severely limit opportunities for upward mobility and financial security for future generations.