Kudlow: Biden tax hike 'seven times' as large as Trump tax cut
Fox Business host 'surprised that 'socially woke' CEO's are not picketing to have their taxes raised
By Larry Kudlow FOXBusiness
"Yellen sees U.S. companies pushing to back global tax deal." That’s a Bloomberg headline story from earlier this morning.
Digging a little deeper in her interview, she said that U.S. companies are likely to provide crucial support.
Kind of like falling on your sword, huh? Throwing yourself in front of the train—or at least I have this picture of CEOs sobbing wildly because they can't get a tax hike that would reduce their profits, lower their stock prices, cut back on their payroll and undermine their productivity.
I'm surprised these CEOs, as socially woke as they have all become, when it comes to their own financial statement, are not picketing together with large placards saying "please raise my taxes."
They would march not just to raise their domestic income taxes, but their capital gains taxes, death taxes and overseas taxes.
So I’m still looking for this news event, but I don't see it.
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https://www.foxbusiness.com/media/kudlow-the-biden-tax-hike-is-7-times-as-large-as-the-trump-tax-cut