‘Nail in the coffin’: Grocer turned House lawmaker trashes Kamala Harris’ price control plan [Video]

A first-term House Republican who runs a small chain of grocery stores in Ohio is worried Vice President Kamala Harris’ grocery price control proposal would hurt family-owned businesses like his.

“We’re dealing with a lot. The net profit in grocery stores is about one and a half [percent] — if you’re doing really good, one and three quarters. Just in layman’s terms, it’s about a $1.50 for every $100 that you go through the registers. And what we’ve seen in the last three to four years has been pretty horrific,” Rep. Michael Rulli, R-Ohio, told Fox News Digital in an exclusive interview.

“This will be a nail in the coffin of this industry that no one can imagine.”

ECONOMIC COMMENTATOR WARNS HARRIS’ PRICE CONTROL PLAN ALREADY TRIED IN ‘VENEZUELA, ARGENTINA, SOVIET UNION’