JD Vance Defends Tax Proposal Amid Criticism of Populist Policies
The Republican vice presidential candidate argues for higher taxes on companies outsourcing jobs, countering claims of adopting Democrat industrial policies.
- JD Vance proposes raising taxes on companies that outsource jobs overseas while lowering taxes for those creating American jobs.
- CNBC host Joe Kernen challenged Vance's tax plan, likening it to Democrat industrial policies, which Vance denied.
- Vance emphasized the need to penalize companies that exploit cheap foreign labor, particularly in China, to protect American jobs and wages.
- Vance reiterated his alignment with Donald Trump's economic agenda, focusing on manufacturing and self-reliance in critical industries.
- Vance criticized Vice President Kamala Harris's economic policies, claiming they promote welfare dependency rather than job creation.