Harris Spox on Claim Capital Gains Tax Hike Will Hurt Investment: It’s Less of a Hike than Biden, Will Help Investment

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On Friday’s broadcast of the Fox News Channel’s “Your World,” Harris-Walz Campaign Senior National Spokesman Ian Sams argued that 2024 Democratic presidential candidate Vice President Kamala Harris has proposed increasing capital gains taxes so there’s “an incentive so that people can continue to invest in the entrepreneurship that makes this country great.

He added, “e are actually implanting a system that does…ensure tax fairness, while, also, like I said on capital gains, having an incentive so that people can continue to invest in the entrepreneurship that makes this country great. And so, she is going to continue talking about that.” Sams responded, “Here I am, Neil, on Fox News, I thought maybe people would say, well, President Biden proposed going all the way up to 40% and she’s proposing going to 28%. I think that, again, we have to understand that this is someone who sees that we can do both, we can both have tax fairness, and we can use the tax code to incentivize the kind of investment that really does help the economy.

 

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