Published Aug 29, 2024

Defending Kam-unism

Ben Shapiro tackles the media's biased portrayal of Donald Trump's Arlington visit, contrasting it with the praise from Gold Star families, while also scrutinizing Kamala Harris' tax policies for their potential economic harm and questionable legality, amidst the backdrop of Americans' growing financial instability.
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Episode Highlights

  • Tax Policies

    Ben Shapiro critiques the Harris administration's tax policies, arguing they are fundamentally flawed and economically detrimental. He explains that the proposed tax increases, including a 28% federal corporate tax rate and a 44.6% top capital gains tax rate, would make the U.S. have the highest corporate tax rate in the developed world 1. Shapiro suggests these policies are more about punishing earners than solving fiscal issues, emphasizing that the real problem lies in government spending rather than revenue 2.

    It's about punishing people who earn. That's what this is. It has always been about that.

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    He criticizes the lack of dynamic scoring in the economic calculations, which he believes skews the perceived benefits of these tax policies 2.

       

    Financial Insecurity

    Shapiro highlights the growing insecurity around retirement and financial stability among Americans, despite increased spending on social programs. He argues that the current Social Security system, a defined benefits plan, fails to provide adequate security due to its lack of private market involvement 3. Shapiro points out that if past proposals to privatize Social Security had been implemented, the system would be significantly more robust today 3.

    We're now spending more money than we have ever spent on Social Security ever again in human history.

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    Additionally, he links the unaffordable housing market to Democratic policies, which he claims have led to stagnation and stagflation, making homeownership increasingly out of reach for many 4.

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