“KAMALA HARRIS ON THE TRUMP MIDDLE-CLASS TAX CUTS”
Video transcript
Joe Biden and I are about to get rid of that tax bill. And on day one, I will repeal that tax bill. Joe Biden and I are about to work to get rid of that tax cut. Joe and I are about to get rid of that tax bill. Joe Biden and I are about to get rid of that tax cut. Everything from a 70 to 80% tax rate. I think that's fantastic. We've got to increase the corporate tax rate. Part of that is gonna be about repealing that tax bill that they just passed. And also looking at estate taxes are gonna have to go up. We will tax capital gains. But we're gonna have to raise corporate taxes. It's just a new way of looking at things to say, we're gonna tax what you don't have. That's a sore point and it's a big deal. Is that something you think she firmly believes in? I think it's part of the proposals of the campaign. Taxing unrealized gains just doesn't seem fair in any sense of the word. I think that this reaction to unrealized gains is a little funny given that I bet that the majority of people watching right now are already paying a tax on unrealized gains. It's called a property tax. When the value of your home goes up. That's an old, that's an old. When the value of your home goes up, you pay higher taxes even if you don't sell your home. Your value of your home never moves the way the stock moves, the way something else moves. That's always the go-to answer. Under my plan, there will also be a carbon fee. There has to be some connection between the fee and bad behaviors. And there has to be, in that we have to monitor whether it's gonna be passed on to consumers. But I'm gonna tell you that should never be the reason not to actually put a fee, in particular, a carbon fee. (dramatic music)
Transcribed automatically. Expect errors in names and numbers.