Kamala Harris' plans to raise US corporation tax to 20%

What might be the implications for the US economy?

I'm a bit surprised by Kamala Harris' plan to raise the US corporate tax rate to 28 percent. I'm not interested in the politics here. Just the economics. Taxing greedy corporate America seems like a vote winner, but what are the implications. Feel free to subscribe if you like these types of notes. And feel to comment.

Ok, so here are some thoughts.

Wage …