Chaffetz Questions Harris' Actions as Vice President

Jason Chaffetz, host of the “Jason In the House” podcast, shared his insights on Vice President Kamala Harris’ recent economic proposals during an appearance on Fox Across America with Jimmy Failla. Chaffetz highlighted that Harris has introduced two significant policy changes, the most notable being her plan to eliminate the Trump tax cuts, which he argues have historically benefited the economy. He noted that when these tax cuts were implemented, overall tax revenues to the Treasury increased, suggesting that raising taxes could have adverse effects. Chaffetz specifically criticized Harris’ proposal to raise the corporate tax rate by 30%, questioning the potential impact on consumer prices. He argued that such an increase would likely lead to higher costs for goods and services, as businesses would not absorb the tax hike but instead pass it on to consumers. He pointed out that grocery stores, which operate on slim profit margins, would be particularly affected, potentially leading to price increases. In a humorous take, Chaffetz addressed Harris’ use of the term "price gauging," correcting it to "price gouging," and expressed skepticism about the government's ability to effectively manage pricing. He dismissed the idea that government intervention could resolve the issues related to pricing and taxation, suggesting that it would only complicate matters further. The discussion also included a preview of Minnesota Governor Tim Walz’s upcoming speech at the Democratic National Convention, indicating a broader conversation about the party's economic strategies.