I like Fred and would really like to support him, but I have a question about how he answered Kudlow’s question regarding corporate capital gain taxes. Especially in light of his previous answer that lower tax rates stimulate the economy.
It was not a trick question, yet Fred said “he didn’t know and had never thought about it”.
Can someone explain this response to me?
Thanks
I'm guessing that at least off the top of his head, he doesn't know the corporate capital gains rate (he does know the corporate income tax rate, however) and doesn't want to answer a question if he's unsure of his facts.
IMHO he likes to be sure that his answer is correct. Doesn’t want to miss something.
Kudlow was following up on a tax rate question, and he didn’t have more to say on the issue. Kudlow was pushing for more and at that time Fred didn’t have a more complete answer. This was a format for more complete answers until the end when Kudlow was pushing for a quick round, more answers in less time.
I you make a mistake in wording, it sticks with you for a LONG time in this youtube age.
Many times when he comes up with a more detailed answer, it ends up as a blog on his website which gives him more time to think about it and check the details if needed.
Fred often gives much more of an answer than other candidates, but they tend to not be in the Q&A sessions when the reporters want a quick sound bite. He has to ask for extra time from the questioner to get in a more complete answer.