Shark Tank investor Kevin O'Leary joined "America's Newsroom" on Fox News shortly after the US Presidential election results were announced. Kevin discussed the loopholes that cost Democrats a downfall, citing the leadership was not strong.
The Fox News reporter presented the statistics of Trump's vote gains, citing the data that reflected he won over all the demographics, resulting in his eventual win in the Presidential election of 2024. After the Presidential election results, Shark Tank investor Kevin O'Leary gave a reference to a "football team" and how he would make sure to put the "best player" in action.
Quoting this, a Fox News reporter asked Kevin about his views on what Democrats missed during their 2024 election; he said that neglecting the needs of small businesses cost them their failure. He called the small businessman the "backbone" of the US economy and said they sensed the difference between 21% and 28% corporate tax.
He further remarked:
"Taxing unrealized capital gains. That, I can assure you, was a Lightning bolt through that constituency. I am an advocate for small businesses. That freaked them out. They thought it was Unamerican. It wasn't really the American dream to have the government take money from you before."
Shark Tank investor Kevin O'Leary banks on President Donald Trump to bring the cost of energy
Shark Tank investor Kevin O'Leary expressed his concerns regarding the "inflationary" nature of energy costs and expected that the new Trump government will work in tantum with Canada to lower it.
He showed his confidence in President Trump, citing that his efforts to put policies in place to lower energy costs will have an "immediate" impact on the economy. He remarked that he was "excited" about Trump's government being in charge and looking forward to seeing the changes in the energy sector.
Shark Tank investor also shared his plan with the Fox News reporter to visit Abu Dhabi, Riyadh, and Geneva to raise funds. He was thrilled about the fact that he could tell his potential investors that the tax rate was 21% as it used to be in America, and ask them, "Please bring your money back in America."
Kevin O'Leary shared his eagerness to see Doug Burgum as the new "Secretary of Energy" under President Trump's government. He said:
"I would love to see Doug Burgum as secretary of energy. I know he is out there. I've worked with him in North Dakota. I would love to see him do it. And I hope he takes the mandate."
Kevin O'Leary is one of the lead investors on Shark Tank.
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