'BAD IDEA': Kevin O'Leary warns of Biden's potential tax increases

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O'Leary Ventures Chairman Kevin O'Leary discusses Biden's tax hikes and provides insight on the U.S. markets.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Sum it all up, Biden is giving us the middle finger again.

larrybranson
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Proud Black Woman Christian conservative voting 3rd time for President Trump2024-2028 Saving Our Country Again 🙏💪

RBLACKPEARL
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Don’t believe Yellen she lies and has no idea

jimc
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Raising taxes while still spending the country into oblivion is a recipe for a epic disaster.

mathewdeu
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If they would quit giving our money away they wouldn't have to go up on our taxes

PaulSmith-uucf
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Joe Biden: Com'on Man ... pay your fair share ... just like me and my family!

oddshot
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Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.

KarenLavia
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This is a very intelligent man..Too bad our government does not employ people like this..He is too smart for a government position.

shortstop
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Biden & the Dems can shove Bidenomics!!! FJB😂

rockit
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Raising taxes now is like turning around the Titanic and slamming into the iceberg again.

sneakyquick
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Lie, I make well less than $200, 000 and my taxes increased, not to mention medicare extra charges. This medicare tax is about $800 per month! Not to mention the hidden inflation tax. This is the worst ever!

JoeL-sccy
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"Pay your fair share", That's got to be the biggest gaslighting phrase I've ever heard. The government is squandering an unimaginable amount of money and then they tell us to pay our fair share, it's absolutely insulting and ridiculous.

JohnDaniels
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People need to be aware of the tax increase they face when the tax law sunsets.

charlesbusch
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Stop paying people who CAN AND SHOULD WORK. That will be hundreds of billions.

WmDuck-gjmx
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Since when does one person have the constitutional authority to raise taxes?

bunkyayars
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We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.”
― Winston S. Churchill

rogerbennett
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We love fox business all, we the people, we love trump, trump2024WH ❤❤❤❤❤

Abdikadirmahamedfarah
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Income taxes at any level is regressive. I'd rather pay higher consumption taxes than been taxed based on how much I make. These "tax the rich" or "pay your fair share" is punishing financial and/or economic success and it also encourages lower productivity and less spending on innovation

Caiyrog
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Should have saw that one coming when we print money like it's growing on trees with nothing to back it and then become the World's sugar daddy. There's no such thing as a free lunch.

Man_Cave
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Any else get real worried ecerytime yellen starts talking. Confidence is not what she inspires

dougiep