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Ex-Trump Chief Economist Kudlow: Biden’s Tax Plan an ‘Assault on Investment’

Larry Kudlow, former Director of the National Economic Council, waits for a media interview at the 2021 Conservative Political Action Conference at the Hyatt Regency where former President Trump is scheduled to speak. (Paul Hennessy/SOPA/Sipa via AP)

By Jim Thomas

NewsMax

Former Trump Chief Economist Larry Kudlow says President Joe Biden’s tax plan is an “assault on investment.”

“There’s some pretty tough headwinds ahead if these taxes, which are an assault on investment … and the people they are going to hurt the most are the middle class, the blue collar middle class, [who will bear] 70% of the burden of the corporate tax, which includes the capital gains tax, 70% of that burden falls on the blue-collar middle class.

Click the link below to read the rest of this story.

https://www.newsmax.com/politics/kudlow-economy-tax-hike-biden/2021/04/25/id/1018940/

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