Rep. Roger Williams, R-Texas, panned Democrat presidential nominee Kamala Harris’ proposed economic policies as a “bad plan” for “Main Street America,” telling Newsmax on Friday that it’s a “total beatdown of small business.”
Williams, Chairman of the House Committee on Small Business, appeared on “National Report” to discuss Harris’ plan that would raise taxes on about 20% of small business owners that have C corporations and millions of others with S corporations or LLCs, according to Newsweek.
“First of all, she doesn’t really have a plan. And what she does have is a bad plan,” Williams said. “It would affect small businesses because it would begin to overregulate small business again, add more regulations, and raise taxes. You can’t raise taxes and you can’t regulate and have an economy that grows. … We know if you cut taxes, you create more jobs, you create more opportunity, you create more businesses. And if you cut regulations — which this administration has put $1.73 trillion of regulations on Main Street America — then you begin to let Main Street breathe again.
Read more at Newsmax© 2024 Newsmax. All rights reserved.