This is a wealth tax, folks, and it's the kind of thing that you see in socialist governments and communist governments. It belies a complete lack of understanding of basic economics and capitalism. And It's an actual threat not just to this industry, but to the investment climate in our country generally. This is dangerous stuff. And to see a presidential candidate in this day and age put forward proposals like this should concern every single person in this room. (34:07–34:13)
CLAIM
Asserts that the proposed tax policy threatens the investment climate in the country.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
