Biden Goes After Top 1 Percent in Defending Tax Hikes

President Biden on Thursday went after big corporations and wealthy Americans while promoting his economic agenda that congressional Democrats are working to get across the finish line.

“Let me ask you this, where is it written in that all the tax breaks in the American tax code go to corporations and the very top? I think it’s enough, I’m tired of it,” he said in remarks at the White House on the economy.

The president reiterated his calls for big corporations and the wealthy to pay their fair share in taxes, saying it’s “long overdue.”

“I’m not out to punish anyone, I’m a capitalist. If you can make a million or a billion dollars, that’s great. God bless you. All I’m asking is you pay your fair share, pay your fair share, just like middle class folks do,” he said.

Biden promotion of his Build Back Better agenda comes as Democrats are focused on passing the $3.5 trillion spending package without Republicans through budget reconciliation, along with the Senate-passed bipartisan infrastructure bill. (Read more from “Biden Goes After Top 1 Percent in Defending Tax Hikes” HERE)

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