Harris Surrogate: She Wants to Tax Companies to Fund Subsidies Because Government's Better at Long-Term Investment

On Wednesday's broadcast of CNBC's "Squawk Box," Harris-Walz surrogate Rep. Ro Khanna (D-CA) stated that it makes sense for 2024 Democratic presidential candidate Vice President Kamala Harris to propose raising corporate income taxes to fund investment in subsidies for research and development "Because you're looking at investment that's ten years down the line. Making transformative investment and change has always been something our government has been good at."