“This will not affect your standard of living in any way.The president clarify
President Washington-Biden sent a clear and direct message to the richest man in the United States on Wednesday: Even if your holiday home is safe, I will raise your taxes.
In an exchange with White House reporters, Biden happily defended his plan to raise taxes for the highest earners and the wealthy. He pays attention to CEOs who make a lot of money and promises that his plan is to make “every ordinary billionaire get his share.”
After talking about his brief comment on the financial aid plan that he signed into law this year, Biden said: “We will not deprive these executives of their second or third property.” “This will not affect your standard of living in any way. . Not at all. But it will affect the living standards of the people I grew up with.”
These comments are the latest example of the economic and political positive aspects of Biden and his party’s acceptance of his proposal to tax the wealthy-the White House is willing to fight the White House while the president is participating in bipartisan negotiations. This is in stark contrast to the way past Democratic presidents talked about their tax increase proposals.
Republicans and business groups opposed Biden’s plan to fund new projects in roads, bridges, low-carbon energy deployment, parenting, education, and other programs by raising taxes on companies, the highest-income people, and those with the highest income. investment.