Kamala Harris has chosen Minnesota Governor Tim Walz as her running mate for the 2024 election. Walz was backed by Vermont’s socialist Senator Bernie Sanders. That shouldn’t be surprising, given Walz’s own affinity for socialism. Walz recently said, “One person’s socialism is another person’s neighborliness.” At The New York Sun, Larry Kudlow responds to that odd comment from Walz, writing:
Huh? I don’t know what that means. I’m a neighborly guy, and I have a lot of neighborly friends I get along well with, but none of them are socialists — but I digress.
I will say, it’s disturbing that he wants to ban fracking, just as Ms. Harris does.
He’s in favor of the Green New Deal and all the woke climate change policies, and price tags that go along with it.
Just recently, Secretary Yellen put a $78 trillion price tag on that. Plus, of course, there’s a $32 trillion price tag on Medicare for All — nationalizing healthcare — supported by Mr. Sanders, Ms. Harris, and presumably Mr. Walz.
And I guess that means he agrees with the Biden-Harris administration about mandating EVs, whose rare earth mineral based batteries principally come from China.
Even while most American folks want to hang on to their gasoline-powered cars.
Additionally, it is reported that Mr. Walz favors drivers’ licenses for illegals, which strikes me as a dangerous pathway to illegals voting.
And he’s a proud defender of sanctuary cities.
On economic policy, Mr. Walz is a big spender and taxer. His two-year budget passed in 2022 had a 38 percent increase in state spending and a $10 billion tax hike, according to the Committee to Unleash Prosperity Hotline.
His proposed budget for 2024-2025 included major league tax hikes on successful earners, capital gains, and dividends.
Importantly, the state of Minnesota has a 9.8 percent corporate tax rate, which is the highest in the nation. And it has a 10.8 percent capital gains tax — in third place just behind California and New York.
So, it seems that Mr. Walz has the same disrespect for the economic power of business that Ms. Harris does.
Read more here.
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