Breitbart News economics editor John Carney said Wednesday on Fox Business Network’s “Kudlow” that Vice President Kamala Harris’ economic policies will drive jobs out of the United States.
Host Larry Kudlow said, “We forget that U.S. companies during the Obama administration often move their headquarters to tax climes like Ireland to avoid the high U.S. tax rate. The Business Roundtable estimates that some 2.5 trillion in income earned abroad returned to the U.S. as a result of Mr. Trump’s tax reform. And then it goes on to say if you go to 28 the U.S. will be an outlier. The OECD average 23 percent, the EU 21 and Asia including China 19. I mean, we’ll be an outlier.”
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