Here’s why Kamala Harris playing woman of the people taking on corporations is all an act

Scrutiny of Vice President Kamala Harris’ socialist sales pitch found the supposed champion of class warfare appearing to fight on the side of crony corporatism.

Under the banner of an “Opportunity Economy,” the Democratic presidential nominee’s extension of Bidenomics has proven to be the latest rehash of Big Government picking winners and losers. For Harris, according to a report from the Wall Street Journal, despite presenting herself as one of the people, her elbow-rubbing consistently included high-powered executives.

“Harris Makes Undercover Push to Win Over Corporate America,” read the headline from the newspaper that detailed, “Like past Democratic candidates, Harris has made taking on wrongdoing by American corporations a central part of her pitch to voters, referring on the campaign trail to her record of taking on big business, blaming food manufacturers for high grocery prices and promising to increase taxes on corporations and the wealthy.”

“But, in private at least, she is making a quiet play for corporate America’s support, seeking out advice from leaders across sectors,” explained the Journal. “She has offered few policy specifics, but many executives say they view her openness to their feedback as enough for now.”

In addition to the regular fawning from “Shark Tank” entrepreneur Mark Cuban, Harris was said to have spoken with JPMorgan Chief Executive Jamie Dimon just this past week.

Contrasting corporate interests in President Joe Biden’s campaign with that of Harris’, the Journal highlighted, “In the 10 days before Biden bowed out of the race, his campaign received around $91,000 from about 990 donors who self-identified as CEOs, according to fundraising reports filed with the Federal Election Commission. In the 10 days after, Harris’s campaign received nearly $2 million from 5,000 such donors.”

As recently as Saturday, Harris’ personal X account had posted, “If reelected, Donald Trump intends to: Give tax cuts to billionaires and big corporations…Gut Social Security and Medicare…Repeal the Affordable Care Act…We are not going back.”

More rule than exception, dinners at the vice president’s residence at the U.S. Naval Observatory in Washington, D.C. included hosting CVS Health CEO Karen Lynch, Motorola Solutions CEO Greg Brown, and Visa CEO Ryan McInerney.

Among the matters executives like LinkedIn Co-founder Reid Hoffman pushed for was the removal of Lina Khan as chair of the Federal Trade Commission because her efforts in combatting antitrust have impacted dealmaking.

Further, as roughly 100 business leaders signed a letter endorsing Harris, former Discover CEO Roger Hochschild stated his belief that the vice president would “find the right balance” in taxing his peers if elected.

During a recent Fox Business appearance on “The Claman Countdown” with host Liz Claman, billionaire John Paulson argued against Harris in favor of former President Donald Trump, contending her economic policies would have a devastating impact on the markets.

“You alluded to the tax on unrealized gains,” he said. “if they do implement a 25% tax on unrealized gains, that would cause mass sellings of almost everything, stocks, bonds, homes, art. I think it would result in a crash in the markets and an immediate, pretty quick recession.”

Paulson stated he would take his money out of the market if Harris were elected and keep it in gold and cash while selling his liquid equities.

Even Cuban, who supports Harris, stated, “What I told them is if you tax unrealized gains, you’re going to kill the stock market, and it’s going to be the ultimate employment plan for private equity because companies are not going to go public because you can get whipsawed.”

Kevin Haggerty

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