Mario Gabelli: 'We have to pay higher taxes to support the country'

Investor Mario Gabelli, CEO and chairman of Gamco Investors, joins 'Closing Bell' to talk about the tax hikes brought up by presidential candidate Joe Biden. "We have to pay higher taxes to support the country. But what's fair, what's equitable and what allows us to have an economy that attracts businesses globally? And so that's work in progress," Gabelli said.