Friday, August 30, 2024

Kamala wants Soviet Style Price Control and Tax Unrealized Capital gains

Kevin O’Leary SNAPS On Harris: “Don’t Mess With The American Dream!

Instead of cutting spending, Kamala wants to destroy the American Dream

In a scathing critique of Vice President Kamala Harris’ proposed tax policies, “Shark Tank” star Kevin O’Leary warned that they will destroy the American Dream and handicap businesses.

On Fox News’ “The Story with Martha MacCallum,” O’Leary slammed Harris’ plan to implement a 25% tax on unrealized capital gains for individuals making over $100 million in wealth and raise the corporate tax rate to 28%.

O’Leary argued that these policies would make the U.S. uncompetitive on a global scale, deterring foreign investment and forcing successful entrepreneurs to leave the country. “Why do you want to punish them for success?” O’Leary questioned, highlighting the importance of keeping America a desirable place for businesses to thrive.

The investor also criticized Harris’ proposal to ban “price gouging” on groceries, calling it a “very populist idea” that is “impossible to implement.”

He pointed out that this approach has failed in the past, including in countries like Venezuela and North Korea, and is against the American principles of free market and competition.

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2 comments:

  1. They need to eat her up alive for all the evil and destruction she has done and plans, pure evil slave for Satan!

    ReplyDelete
  2. Does anyone really want 4 more years of these evil scum buckets running our country?

    ReplyDelete