Biden Vows Tax Hikes On Individuals And Businesses If Elected President

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Democratic presidential nominee Joe Biden said that if he wins the presidency in November’s election, he will raise taxes on Americans who earn more than $400,000 a year.

In an interview with ABC’s David Muir that aired Sunday, Biden discussed his plan for raising taxes that included this segment of the population and appeared to include businesses as well.

“I will raise taxes for anybody making over $400,000,” Biden said. “Let me tell you why I’m going to do it. It’s about time they start paying a fair share of the economic responsibility we have. The very wealthy should pay a fair share — corporations should pay a fair share.”

Read more at Fox Business

{Matzav.com}

5 COMMENTS

  1. This is why the Wall Street Journal a few weeks ago said that the stock market will drop 25% if Biden wins as his position on taxes and regulations would ruin the economy.

  2. That will be just the beginning. By the time the Dems are done giving away “free” stuff paying for green stuff, everybody’s taxes will be raised.

    Don’t believe me? Vote Democrat and you will see.

  3. Let me tell you why I’m going to do it. It’s about time they start paying a fair share…

    Who decides what is the fair share and what are they paying it for?

    First you have to establish what our economic responsibility are and why. Then we can discuss who has to pay what.” It’s about time they start paying a fair share” doesn’t sound like a reason to raise taxes.

    It sounds like some jealous guy trying to take it away from “them”

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