MSNBC guest Donny Deutsch warned about endlessly raising taxes, saying it would be harmful to capitalism, during a Friday interview. “At some point, I know I’m going to get lambasted from this as the guy—at some point, taxes get to a point where it’s just, you know, you can’t raise taxes to a certain point where you start to not de-incentivize capitalism,” Deutsch said on MSNBC’s “Morning Joe.” President Joe Biden’s administration is reportedly considering a set of tax increases for corporations and individuals with a high income, which may result in more than $2 trillion of revenue over the next 10 years. People familiar with the matter said the president is weighing the tax increase, which would mark the first large tax raise since 1993, Bloomberg News first reported. The White House is set to introduce a set of tax increases that mostly align with the president’s campaign pledges, …
‘They’re Going to Move Me Over to Fox’: MSNBC Guest Says Endlessly Raising Taxes Will Hurt Capitalism
April 23, 2021
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