Kamala’s Economic Plan Is A Middle-Class Killer

The Carl Jackson Podcast

Salem Podcast Network

News, Politics, News Commentary

4.8 • 2.2K Ratings

🗓️ 23 August 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this conversation, Carl Jackson and Jim Nelles discuss Kamala Harris's economic plan and analyze its potential impact on the average American. They cover topics such as taxing unrealized capital gains, price gouging, capping prescription drug costs, eliminating medical debt, and providing subsidies for first-time homebuyers. They criticize these policies, arguing that they would lead to higher prices, discourage investment, and undermine the free market economy. They also highlight the lack of understanding and experience in economics demonstrated by Harris and other politicians. The conversation between Carl Jackson and Jim Nelles covers various topics including Kamala Harris's economic plan, the housing shortage, and the potential strike by union workers at ports. They discuss the idea of giving a $6,000 tax credit for families with newborns and the impact of government subsidies on the housing market. They also touch on the importance of hard work and self-reliance, and the need to incentivize marriage and families. The conversation concludes with a mention of the potential strike at ports and the negative effects it could have on the supply chain.

Facebook: https://www.facebook.com/carljacksonradio

Twitter: https://twitter.com/carljacksonshow

Parler: https://parler.com/carljacksonshow

Instagram: https://www.instagram.com/thecarljacksonshow

http://www.TheCarlJacksonShow.com

NEW!!!! THE CARL JACKSON SHOW MERCH IS HERE.

SUPPORT THE PODCAST GETTING A T-SHIRT NOW! https://carljacksonmerch.itemorder.com

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	All right and welcome to the Carl Jackson show your daily dose of objective truth and a world of confusion and lies. I wanted to bring my buddy Jim Nails on. He's an economist. He's a supply chain specialist and I wanted to talk about
0:24.7	Kamala's economic plan. Some of it has been trickling out via the media. She
0:30.0	came out what a week or two ago and mentioned that she wanted to take on big
0:34.5	grocery and all of the price gauging gem that's going on with big grocery so I
0:40.3	want to get into that but I want to go systematically line by line.
0:44.6	I'm going to have Jim Jim is a columnist for the Daily Wire.
0:48.0	He also for the Washington Examiner.
0:51.1	And I want to just take her policies line by line and I want Jim to explain to all of us in the listening audience as an economist, what is this going to mean for the average American like you and I?
1:05.0	So, Jim, let's take these one by one.
1:09.0	One of the latest things that the brilliant Kamala Harris the super economist that she is has
1:16.3	has come out with is capital gains tax she wants to tax the crud out of that. That's the latest.
1:25.0	Jim, what will that do for people's, people that are trying to save for retirement,
1:31.0	people that are investing business owners, even real estate.
1:35.2	I heard, I forget the guy's name all of a sudden, but the big mogul, I forget his name, so I won't even, I won't even mention it, but he, he did mention in an expost.
1:49.2	Listen, if she's going to tax capital gains like this, then you're going to look at a house that's 400 and I think he said 400,000,
1:57.8	400,40,000, for example.
2:00.3	And in order for an investor or a homeowner to get their money back, they're going to have to sell that house for $648,000.
2:08.0	So she's not doing anything but driving prices up.
2:11.0	So give me your take on that first one please jam
2:15.3	Carl you're missing the most important point about this they want to tax
2:19.7	unrealized capital right right, which means if I bought a piece of art and that piece of art appreciates by 25%, then they want to charge me 25% of that.
2:33.8	And the only people that's going to be rich are tax accountants.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Salem Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Salem Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.