Vice President Kamala Harris delivers promises on bolstering the nation’s economy while proposing an increase in the corporate tax rate. However, critics argue that this move could stifle innovation and burden American companies, resulting in costs passed on to workers, consumers, and retirees. Before the tax overhaul in 2017, a high U.S. corporate tax rate triggered problems for businesses, leading to acquisitions and relocations abroad. The subsequent reduction in the corporate tax rate from 35 to 21 percent under the Tax Cuts and Jobs Act helped U.S. companies compete globally. This shift stimulated investment and economic growth, generating benefits for companies, workers, and job creation. The proposal to raise the corporate tax rate to 28 percent could result in significant job losses, reduced wages, and threats to Americans’ retirement savings. Critics argue that these tax increases could ultimately impact working Americans, investors, and the growth of American businesses, undermining Harris’s pledge to support innovation and entrepreneurship in the nation.