News

Biden launches attack against big corporations

Published

on

US President Joe Biden has launched an attack against big corporations and the super-rich during an address about his economic agenda

It comes as Democrats work hard to pull the big-spending packages across the line in Congress.

The president has long called for reforms around the amount of tax wealthy Americans pay, saying it is “long overdue”.

During his address, Biden also reiterated that he is a capitalist himself, but he’s asking the upper class to pay their “fair share”.

Democrats are currently focused on passing both the $3.5 trillion spending package along with the bipartisan infrastructure bill which recently passed through the Senate.

This comes as moderate party members Joe Manchin and Kyrsten Sinema met with the administration this week, demanding the larger package be scaled back.

Meanwhile, in his address, Biden asked how it is possible that “the wealthiest billionaires in the country can entirely escape paying income taxes on what they make?”

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Now

Exit mobile version