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KUDLOW: Democrats Would Turn Us Into Venezuela, ‘Government Planning Centrally Directed Economy’

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White House economic adviser Larry Kudlow laid out the case for why socialist taxation policy would turn the United States into an unstable Venezuela-type situation.

Kudlow addressed the wealth taxes pushed for by the new House Democrats — Minnesota’s Ilhan Omar has cited the 90 percent figure.

“Those are prosperity killers. These are growth killers. These are job killers. These are incentive killers,” Kudlow stated on Fox Business.

“This is a return to some heavy government planning centrally directed economy,” Kudlow stated.

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