So where do you stand on Vice President Harris's proposed tax policy, which seeks to tax unrealized capital gains and significantly raise the corporate income tax? Mister Begich, you'll go 1st. 100% opposed. And let me be clear why These taxes are confiscatory. She wants to dramatically increase not just corporate income taxes, but as was mentioned, dramatic increases on even unrealized capital gains. 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. (33:41–33:54)
CLAIM
Asserts that the proposed tax policy includes dramatic increases on corporate income taxes and unrealized capital gains.
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.
