Politics

BACKFIRE: CNBC Hosts Embarrass and Laugh at Harris Economic Advisor When He Pathetically Tries to Sell a Key Part of Her $5 Trillion Tax Plan (VIDEO)

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Credit: @CollinRugg

One of Harris’s economic advisors had a rough Tuesday morning after getting embarrassed while appearing on a supposedly friendly network to the campaign.

Harris economic advisor Bharat Rama appeared on CNBC’s Squawk Box this morning to sell the audience on a key portion of his boss’s socialist $5 trillion tax plan. Rama attempted to explain to the hosts that taxing unrealized gains was fair, only applied to a small number of rich people, and was similar to a property tax.

But, as CATO notes, Harris’s tax scheme includes a new minimum tax of 25 percent on traditional income and unrealized capital gains for taxpayers with more than $100 million in total wealth.

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