Biden: 25% Minimum Tax on the Wealthy Will Raise ‘$400 Million Billion’ Over the Next 10 Years

EXCERPT:

BIDEN: “I’m a capitalist. You can make all our money, fine, just pay your fair share. Here’s the deal. You know what the tax — federal tax rate is for a billionaire in America? 8.3 percent. If we’d just raise it to 25 percent, we’d raise 400 million billion dollars over the next 10 years. That could pay for all this, cut the deficit and do so much more. Just — just pay your fair share.”