President JoeBiden says his proposed tax hike - which would largely impact higher income earners - is not 'punishing anybody' but will fund his sweeping infrastructure and jobs plan.
President Joe Biden says his proposed tax hike - which would largely impact higher income earners - is not "punishing anybody" but will fund his sweeping infrastructure and jobs plan. “All those folks are still going to have two homes, and three homes and their jets, it won’t matter, not going to change your standard of living one little bit,” he said.
“Not surprisingly critics say they're worried I’m going to stunt economic growth by raising taxes on corporations and the wealthy. “There’s just one problem with their argument, the facts, experts have looked at it. “The last time taxes were around the rates I’m proposing was in the 90s, and the economy boomed. “The economy has always done best when everyone pays their fair share. “I’m not looking to punish anybody, I’m looking to rebuild America as a world leader.
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