![Tim Scott warns Dems' plan to tax unrealized gains risks wrecking the entire US system](https://static.foxnews.com/foxnews.com/content/uploads/2021/05/Tim-Scott-CC.jpg)
Tim Scott warns Dems' plan to tax unrealized gains risks wrecking the entire US system
Fox News
South Carolina Republican Sen. Tim Scott joined “Life, Liberty & Levin” on Sunday to analyze the state of Congress, criticizing Democratic majority leadership for locking out Republicans from negotiations on the multi-trillion-dollar socioeconomic overhaul legislation dubbed human infrastructure.
"We have no idea, except for what we read in the newspapers… what's actually happening behind closed doors. It's like those old days of smoke-filled rooms in the middle of the night," Scott said. "The deals are being cut, the American people are left out and the entire Republican Party, representing half of the votes in the Senate, literally relegated to the sidelines with no ability to actually have an input."
"There are no committees that are meeting and talking about the greatest transformation in a negative way of the greatest economic system ever known to man literally behind closed doors… A one-way ticket to socialism."
Scott, the first Black Republican from the South elected to the Senate since Mississippi's Hiram Revels and Blanche Bruce in the 1870s, said the American system does not need such an overhaul. He pointed to himself as an example of one of its success stories: