Art Laffer says high taxes are to blame for states losing congressional seats

Former Reagan economic advisor joins 'Fox Business Tonight' to discuss California and New York losing seats in Congress and Biden's proposed capital gains tax. #FoxBusiness #FoxBusinessTonight

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[mr.invisible]

I never stopped working, never stayed home and never wore a mask. I used covid to secure a better job in a new industry and I have done very well. And I would never sit at a desk. Thank you.

[ezraepizon]

Here in Switzerland there is no Capital Gains tax. We have already paid income tax so why the need to pay again? The last 50-70 years the western governments have grown far too big and are involved in expensive inefficient things they are not good at.

[kimjones]

People aren’t going back to work as long as they make more on unemployment.

[ImprovmanZero]

The Utah thing is a culture of valuing family a lot of us are LDS

[sicilian]

Well I'm sorry for the folks that work at desks, that have been out of work and don't know if they are ready to come back yet. Now use business owners out here building things are seeing something totally different. So many products we use are anywhere from 100 to 1, 000 percent higher. Somethings going to blow very soon

[chrisdodt]

escaping CA for FL in 2 years. my family and I CAN'T wait! freedom here we come.

[davesonowski]

Mr Laffer as a New Yorker i do not feel sorry losing a congressional seat because maybe its about time our elected officials get their heads out of they're rear ends and see that only fiscal responsibility and not raising taxes is the only common sense solution

[Gitnit]

The unreasonable and damaging shutdowns, high crime, and race-based policies are also the problem.

[jamespelletier]

Pot taxes will raise a good amount. Possibly not needing to raise tax. That's alot of coin. There should be a state link to a monthly check on what came in an how it got spent per state.

[anne_n_nimity]

Here is the reason to never buy property in a blue state. Always keep the door open to get out, and go to a decent place.

[skarscalp]

Imagine how many seats California would lose if they had not counted illegals.

[Bob-]

Not just taxes, regulations, insane school districts, authoritarian government are also factors

[jrtvproductions]

Ohio West Virginia are fully controlled by republicans and are losing seats btw. And also Michigan and Pennsylvania have a republican state house and senate

[namur-iqih]

Last year was a difficult one for millions of people in the U.S. It was not so difficult for big banks, and one of the ways the banks raked in revenue was by hitting struggling people with overdraft fees. more than $300 million in overdraft fees alone. Those fees are slapped on people who are by definition struggling, and banks often use strategies to maximize the number of fees people pay, like ordering transactions so that the biggest amounts go through first, which lets them charge fees on more, smaller transactions. And it’s no thanks to the banks that it wasn’t much, much worse—COVID-19 relief from the government protected many people from the worst.

[LifeLifemoreAbundantly]

The real solution is in the foundation of America in understanding WHO the gold, the silver, and Laws, Rights & Liberty are actually from...
political parties and "conservatism" ...what it is now...could never fix this mess. “It cannot be emphasized too strongly or too often that this great nation was founded, not by religionists, but by Christians; not on religions, but on The Gospel of Jesus Christ." {Patrick Henry, US Founder}

[sandirep]

OK art, I have to stop you at Jared polis be in a good governor. You need to live in Colorado to know that he is not a good governor. Things are still two locked down for the number of Covid cases we have in businesses can’t get back to making money. So please do your homework before you make a comment like that again.

[ghostf]

Doubling the capital gains tax is insane, its screwing people who've been investing in things like a 401k. We already pay taxes on almost on everything else.

[Styxswimmer]

It's not even the high taxes. I wouldn't mind paying high taxes IF I saw the benefit from them. However, when you pay astronomically high taxes and see nothing in return for it except public unions demanding more, that's a problem

[glendagreen]

Higher prices on everything and higher taxes makes it really hard to believe. What we are actually living is not what Biden says it is.

[tinatester]

Why why why why why why why will you mainstream Media Group upfront and truthful