Fox Host: Biden’s Capital Gains Taxes Are Anti-White

“The Biden budget has come up with this crazy idea of taxing white people because they own more assets than people of color. So, Bidenomics seeks to raise the capital gains tax all the way up to 44.6%. And the Janet Yellen Treasury Department points out that white families disproportionately hold assets.

“Well, yes, we know that, but we also know during the Trump years Hispanic and Black businesses prospered. Unemployment rates fell to record lows. Poverty declined significantly, and the inequality dropped for the first time in nearly four decades. In other words, lower taxes led to widespread prosperity.

“It had nothing to do with class warfare, rich versus poor, or the color of your skin, or any of these nutty policies coming out of the current administration.

“You know, taxing success is gonna bring you less success. Taxing prosperity will bring you — wait for it — less prosperity for everyone, regardless of color. Taxing white people will not help minorities. A falling tide will instead sink everyone. And this race-based tax policy is utter insane.” – Fox Business host Larry Kudlow.