Biden on Building the Economy: ‘I’m Going to Start by Reversing the Trump Tax Cuts’

‘Wealthy didn’t need them in the first place’

This story is cross-posted at our consumer site, Grabien News. Watch it there – without audiomarks.

EXCERPT:

BIDEN: "Things were beginning to really move. And just like everything else he's inherited, he's in the midst of squandering it. Squandering. We need the global economy — (Applause) — we need the global economy that, in fact, rewards work, not just — well, that reflects our values. And that's going to start — I'm going to start by revering the Trump tax cuts for the super wealthy and the corporations. 
(Applause)
Wealthy didn't need them in the first place. The corporations have spent them on stock buybacks to give benefits to their stockholders, but more importantly, to their CEOs. You know, used to be, when Reagan was president, the average CEOs of Fortune 500 companies make 36 or 37 times what the average employee makes, vice president all the way down. You know what it is? Over 420 times as much. What happened? My mother would say, 'Who died and left them bucks?'”       

Video files
Full
Compact
Audio files
Full
Compact
Similar stories
Scarborough: While Trump Dismissed the COVID Pandemic, Biden Said ‘to Take It Seriously’
Trump Comms Director: Pres. Trump Will Point to a Clear Record of Accomplishment
Lara Trump: ‘Sadly...Third Time Is Not a Charm’ for Joe Biden, ‘It’s Not Going to Work’
Kilmeade: ‘Pretty Clear’ This Election Is ‘Going To Be Obama Against Trump’
Mercedes Schlapp: Trump Knows What Policies Work To Make the Economy Stronger