New Income Tax Proposal is Dumb! - Watchdog on Wall Street with Chris Markowski

Howard Lutnick’s idea to axe income taxes for those under $150K? A disaster, says Markowski. With only 7% left paying taxes and warped incentives, it’s a populist gimmick—not a fix. He pushes for a flat or consumption tax instead. www.watchdogonwallstreet.com