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Ep. 2031 - DNC Night #2: HYPOCRITE Obamas + SELL-OUT Jews For Anti-Semitism!

The Ben Shapiro Show

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Biden-Harris Endorsed Tax Policies: A Breakdown

The proposed tax policies endorsed by Biden and Harris include a 28% corporate tax, which critics argue would lead to job losses, reduced wages, or increased product prices, as corporations typically pass tax costs down to employees. Additionally, a 44.6% capital gains tax is suggested, meaning individuals would pay half on profits from stock sales. The most controversial proposal is a 25% tax on unrealized capital gains, where individuals or businesses would be taxed on the increased value of assets they haven't sold. This could severely financially burden privately held companies, potentially forcing many into bankruptcy. Critics argue these policies reflect a disconnect from the realities of the economy, as policymakers lack real-world business experience or an understanding of the implications of these taxes on job creation and innovation.

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