Politics

Gov. Gilmore: Millionaire tax hikes make ‘resentful’ people ‘feel good’ [VIDEO]

Nicholas Ballasy Senior Video Reporter
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Former Virginia Gov. Jim Gilmore, the 58th chairman of the Republican National Committee, told The Daily Caller that a surtax on millionaires, proposed by congressional Democrats, would only make people who are “resentful feel good.”

Watch a portion of the interview:

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Gilmore, the president and CEO of the Free Congress Foundation, has introduced the “Growth Code,” which includes eliminating the capital gains tax, implementing a 15 percent tax on all business activity and lowering tax brackets for individuals to rates of 10 percent, 15 percent and 25 percent.

Gilmore told TheDC that the “Growth Code” would lead to “long term” job growth, as opposed to stimulus jobs that “go away in six months.”

Watch the full interview:

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