Peter Schiff on CNBC’s Closing Bell (Video)

On Friday, Peter appeared on CNBC’s Closing Bell to talk about his recent commentary in The Wall Street Journal, explaining why raising taxes on the wealthy will do nothing to solve the debt problems of the US. Read his full op-ed here.

“You know what the wealthy are going to do? They’re going to invest more abroad, they’re not going to work as hard, they’re not going to pay as much in taxes, they’re not going to  employ as many people, their employees aren’t going to pay the taxes…”