Newt Gingrich Analyzes Kamala Harris' Economic Plan on 'Hannity

kamala's campaign again no interviews no gaggles no press conferences at all and apparently after the price gauging as she calls at a price gauging speech she's now backing off that but they did announce New York Times I guess we'll get more of the details they want to raise the corporate rate they want to raise $5 trillion in new taxes and I'll go into the specifics later the corporate tax 21 to 28 quadruple the tax on stock by backs double the global minimum tax from 10 to 20% that would take away America's competitiveness raise the top income tax rate raise the corporate minimum tax from 15 to 21 raise the capital gains tax get this capital gains 24 to 43.5% and the first ever tax on unrealized capital gains at 25% now that would be that would make America the least attractive investment country in the entire world it would be a destruction of our capitalist system are they serious about this cause I can't believe they put it in writing what look I was surprised I thought the Paris strategy was to be all personality no policy tried to get through the election without admitting how radical they were that speech last week in Raleigh was she outlined her economic plan that was crazy I mean that was so far to the left of Bernie Sanders that you know gorbash in Russia would have thought it was a radical speech and let me just say that to our audience you need to understand a 25% increase in unrealized capital gains means theoretically at least if your house goes up in price in value of the government can step in and say give me the money if you don't have the money the government can step in give me the house I mean this would be the most crazy tax structure we have ever seen it makes Venezuela looks normal it makes Russia look normal and I I can't I really wonder I'm going to write about this in the near future who was sitting in the room I mean how did they cut me unless they were really doing a lot of drugs how did they come up with this because it is so crazy it's so unsustainable um no serious adult could have come up with this program well maybe it's incrementalism of what she really wants which is what she co-sponsored the green New Deal 93 trillion dollar Cradle to grave wound to the tomb Medicare for all no Private health insurance again the media state run media mob has ignored all of this and maybe this is their first step now well I you know I don't care what the New York Times the worship post covers if you threaten people with a 25% tax on any game does it count for furniture does it count for your car does it count for your house your family farm I mean and that's annually so the first of all how are they going to detect it are you going to fill out a form is every American in the country going to fill out of form are they going to reach in then and say give me the money or we're going to seize your property I mean this is truly a every every once in a while the mask comes off and you realize you're dealing with somebody who's crazy and of course you have with Waltz the most radical governor in the country far to the left of a Bernie Sanders and you have with Harris he San Francisco radical and now we're being to see what that really means all right former speak of the house the King which great to have you is always we