FOX Business host Larry Kudlow reacts to Vice President Kamala Harris choosing Gov. Tim Walz, D-Minn., as her running mate on 'Kudlow.'
Vice President Kamala Harris finally chose Minnesota Gov. Tim Walz as her ticket-mate. He was the first choice of Sen. Bernie Sanders, the avowed Vermont socialist. That may be all you need to know about Gov. Walz. That makes two-for-two for Sen. Sanders, who strongly endorsed VP Harris to become the DNC standard-bearer. Call it the modern Democratic Party. Just the other week, in the now infamous "White Dudes for Harris" Zoom call, Gov.
Walz is a big spender and taxer. His two-year budget passed in 2022 had a 38% increase in state spending and a $10 billion tax hike, according to the Committee to Unleash Prosperity Hotline. His proposed budget for 2024–25 included major league tax hikes on successful earners, capital gains and dividends. Importantly, the state of Minnesota has a 9.8% corporate tax rate, which is the highest in the nation, and it has a 10.8% capital gains tax — in third place just behind California and New York.
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