On Sunday, NewsMax posted an article about President Biden’s tax proposal.

The article included some comments by former President Donald Trump’s White House economic adviser Larry Kudlow.

The article reports:

“Why would Joe Biden put out a budget that raises taxes 36 times?” Kudlow lamented to Sunday’s “The Cats Roundtable” WABC 770 AM-N.Y., adding a rebuke of Biden’s proposed “confiscation of wealth by taxing unrealized capital gains.”

“He is attacking the businesses that hire the workers, and he’s attacking the investors who come up with the new technologies and innovations that make America great, and he’s also attacking the fossil fuel companies that would get us out of this oil mess,” Kudlow continued to host John Catsimatidis. “I don’t understand the budget.”

“Why do you want to undermine the prosperity by jacking up taxes on everything that moves?”

And all this comes as Biden is burning the strategic oil reserve for “political price-fixing,” according to Kudlow.

“He is depleting a third of the strategic reserve for political price-fixing,” he said. “That’s all it is. It’s not going to work.”

It is merely a temporary solution to a system problem Biden energy policy has created – predictably – Kudlow said.

“It’s a drop in the bucket,” he said. “The strategic reserve is there in case you have a national emergency such as a hurricane blowing up Texas oil fields.”

Biden’s war on energy is bad policy for economics and the environment, Kudlow concluded.

“We could supply the whole bloody world with liquefied natural gas and stop the dirty coal in China and India,” he said, “if we had a sensible policy.”

Larry Kudlow is asking some very good questions and has some very good solutions to some of the problems we are currently facing.