Free Republic

On Wednesday’s broadcast of CNN’s “Laura Coates Live,” CNN Economics and Political Commentator, Washington Post columnist, and “PBS NewsHour” Special Correspondent Catherine Rampell stated that while there are abuses and unfairness within the capital gains tax system, the proposal from 2024 Democratic presidential candidate Vice President Kamala Harris is likely to be “unworkable” at an administrative level. Rampell said, “If you’re a really rich person, you can leave your assets to your heirs and whatever gains you saw over the course of your lifetime will be wiped out, and everything gets reset when that stuff is inherited, it’s something called...