Biden Promises to Reverse Trump’s Tax Cuts

Gage Skidmore from Surprise, AZ, United States of America via Wikimedia Commons

Joe Biden emerged from his basement to promise to reverse President Trump’s tax cuts that stimulated the economy and put money back in the pockets of regular Americas.

According to Fox Business:

Presumptive Democratic nominee Joe Biden pledged during a call with potential campaign donors on Monday that his administration would reverse the bulk of President Trump‘s tax cuts, even though “a lot of you may not like that.”

“I’m going to get rid of the bulk of Trump’s $2 trillion tax cuts, and a lot of you may not like that, but I’m going to close loopholes like capital gains and stepped-up basis,” Biden said, according to a pool report of the virtual fundraiser.

The former vice president vowed to raise the corporate tax rate from 21 percent to 28 percent, which he said is projected to raise $1.3 trillion over the next decade. The Trump administration permanently slashed the corporate tax rate from 35 percent to 21 percent with the passage of the 2017 Tax Cuts and Jobs Act.



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Anonymous
Anonymous
4 months ago

Biden isn’t sure where he is or what he’s doing. Someone must speak for him. Trump 2020

andy
andy
4 months ago
Reply to  Anonymous

Right On

Susan LINDAUER
Susan LINDAUER
4 months ago

JOB KILLER JOE’s Tax hikes would Kill growth in small businesses. And he promises to open the floodgates to cheap low skilled labor that will drive down wages for working Americans. You’ll have to work 2 JOBS to make ends meet and pay for your new mandatory Universal Health Care. That won’t be easy because businesses will be forced to cut the number of employees in order to provide mandatory benefits for a smaller base of employees. And Unions support this??? Talk about believing in faeries and magic wands.

Billy Wilson
Billy Wilson
4 months ago
Reply to  Susan LINDAUER

He would commit suicide within 6months of being sworn in.

David Carlisle
David Carlisle
4 months ago

First Biden would need to get elected to do ANYTHING !!!! I don’t think that will happen, especially if people look closely at his political positions and/or his lifestyle. He claims to be Catholic but supports taxpayer funding of abortion. The Catholic church doesn’t support abortion as it stops the live birth of a child and so meets the definition of killing and God commands “DO NOT KILL”. To make his position worse, if you look at the records of Planned Parenthood the majority of women receiving an abortion are minorities making the victims minorities. So Biden supports the killing of minorities [consistent with the Democratic party wanting to sue for peace in the Civil War leaving Blacks in slavery]. He also invades peoples space without prior consent!

SD Of AZ
SD Of AZ
4 months ago

Stunning! Like everything else the DNC insane asylum is doing over this past four years, this senile fool just keeps piling on the reasons for anyone with a job or a business to not vote dim wit. And make no mistake the naming convention of the dim wits is intentional. The dim and wit is pretty clear and personifies their intelligence quite succinctly.

The DNC party will not survive the rich, white, entitled NWO donors and leaders in the party. After this election no one with one brain cell will listen or follow any of them unless they are totally bribed and it appears their brown shirts are bought and paid for idiots! So only bribed lacking brain cells will serve the DNC today and tomorrow. And the proof of that is the idiots who tear down every statue friend of foe to the BLM cause. Too stupid to even know the difference or care as long as they are paid!

LoyalMutt
LoyalMutt
4 months ago

That sounds like a winning message for OBiden, “You bet I going to raise your taxes.”

charlie
charlie
4 months ago

Senile Democrap. sleepy Joe Biden once again proves he is the biggest economics putz on the planet, except for nitwit AOC!

Neri Blas
Neri Blas
4 months ago

It appears this is a joke or something. Who does he think will vote for him by raising taxes?

I don’t think he has dementia as some would say… I think he’s lost his mind, or never had one to begin with at all.

Earl McAFOOS
Earl McAFOOS
4 months ago

God help us if this “IDIOT” is elect President

remember alamo
remember alamo
4 months ago

rats have long tails.

Earl McAFOOS
Earl McAFOOS
4 months ago

Maybe a FRONTAL LOBOTOMY would be a big improvment.

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