Author Topic: CNBC Co-Hosts Rip Kamala’s Agenda To SHREDS, School Her Advisor  (Read 704 times)

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Offline 240B

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CNBC Co-Hosts Rip Kamala’s Agenda To SHREDS, School Her Advisor

Trending Politics
Chris Powell
August 28, 2024

In a week where Vice President Kamala Harris rolled out her most detailed proposal yet — a whopping $5 trillion in tax hikes over the next decade — her plan quickly ran into a buzzsaw of criticism. The proposal, which mirrors Joe Biden’s spring budget, hopes to rake in billions by taxing everything from corporate profits to unrealized capital gains. But if CNBC’s co-hosts are any indication, the pitch is far from a slam dunk.

On Wednesday’s segment, Becky Quick and Joe Kernan took Harris economic advisor Bharat Ramamurti to task, and they didn’t hold back. The crux of their argument? Taxing unrealized gains is nothing short of lunacy.

“Unrealized gains, taxing unrealized gains just doesn’t seem fair in any sense of the word,” Quick fired off during the exchange. “In the very best sense, if you are taxing unrealized gains, all you’re doing is pulling forward the taxes that would be paid later when someone actually sells the stock.”

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https://trendingpoliticsnews.com/watch-cnbc-co-hosts-rip-kamalas-agenda-to-shreds-school-her-advisor-mace/
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Offline catfish1957

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Re: CNBC Co-Hosts Rip Kamala’s Agenda To SHREDS, School Her Advisor
« Reply #1 on: August 28, 2024, 06:21:57 pm »
As lefty as the NBC goes, they seem to have a pretty long leash on their on air CNBC talent.  Think about it. Rick Santelli, who is the father of the '09 Tea Party Movement still has a job there.

Still one of my favorite financial channel rants of all time.


http://youtu.be/bEZB4taSEoA
« Last Edit: August 28, 2024, 06:24:23 pm by catfish1957 »
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Offline mountaineer

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Re: CNBC Co-Hosts Rip Kamala’s Agenda To SHREDS, School Her Advisor
« Reply #2 on: August 28, 2024, 06:26:38 pm »
Surprising, but satisfying.
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Online rustynail

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Re: CNBC Co-Hosts Rip Kamala’s Agenda To SHREDS, School Her Advisor
« Reply #3 on: August 28, 2024, 06:28:59 pm »
Is it legal to disrespect Mama K's ideas in such a shocking manner?

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Re: CNBC Co-Hosts Rip Kamala’s Agenda To SHREDS, School Her Advisor
« Reply #4 on: August 28, 2024, 11:47:50 pm »
When you stop and think about it, a tax on unrealized gains is nothing more than the Dem's coveted "wealth tax."
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