Fox Business host Larry Kudlow stopped by Hannity Wednesday night to discuss Biden’s plan to push EVs and criticize the Biden tax proposals; “It would cost 800,000 jobs, it would reduce GDP by 2% a year, and it would reduce wages by nearly 2% a year.”
“Biden’s Achilles’ heel has been the decline in real wages because prices have risen much faster than wages — especially essentials like groceries and energy,” Kudlow says. “This is an absolute killer.”
“This tax plan would jack up taxes so much that middle-income folks, working-class folks…they will all be forced to lose even more income.”
Watch Kudlow’s analysis above.
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