Tax and Spend Joe!
Joe Biden will raise your taxes. He will impose income tax hikes, small business tax hikes, capital gains tax hikes, corporate tax hikes, a carbon tax, and he will even bring back the much-hated Obamacare individual mandate tax.
May 22, 2020: Joe Biden said: “Let’s repeal the Trump tax cut.”
May 22, 2020: Joe Biden said he wants to raise the corporate tax rate.
May 8, 2020: Joe Biden lies about the Tax Cuts and Jobs Act
April 5, 2020: Biden Endorses Another Tax Hike on Middle Class
March 11, 2020: Video compilation: How High Will Biden Raise Your Capital Gains Taxes?
March 6, 2020: Video Compilation: Joe Biden is Not a Moderate
Feb. 24, 2020: Video Compilation: Biden Will Raise Your Taxes By Eliminating Your Tax Cut
Feb. 7, 2020: Joe Biden said: “I’m going to raise the capital gains rate so that you pay capital gains at what your tax rate is.”
Jan. 22, 2020: Joe Biden lied about the Tax Cuts and Jobs Act, claims it only benefited “top 2% of nation”
Jan. 9, 2020: Joe Biden lied about the Tax Cuts and Jobs Act.
Jan. 7, 2020: Joe Biden lied about his healthcare plan, says “no middle class tax” will occur.
Jan. 7, 2020: Joe Biden said: “Get rid of the Trump tax cut. No, not joking.”
Dec. 6, 2019: Joe Biden said: “We should charge people the same tax for their capital gains as their tax rate is. And I think we should raise the tax rate back to, for example, I take it back to where it was before it was reduced. It could go higher, but at 39.5%, 40% basically if you have that as the capital gains, that raises, I brought along, I’m not going to bore you with it, but you’ve seen it, I brought along a graph is how much money each of these things raise.”
Dec. 9, 2019: Joe Biden said the capital gains tax rate “could go higher” than 40%
Oct. 28, 2019: Joe Biden said Trump’s $2,000 middle class tax cut is “negligible”
October 24, 2019: Joe Biden said: “So reduce the corporate tax cut, the tax payment to 20%? It needed to be reduced, but if we raise it back up to 28%, it was 39%, we can raise hundreds of billions of dollars.”
October 23, 2019: Joe Biden said: “[Corporations] don’t need their tax cut reduced to 20 percent, it should be raised back to 28 percent.”
October 23, 2019: Joe Biden said: “So every single solitary person, their capital gains are going to be treated like real income and they are going to pay 40 percent on their capital gains tax.”
Oct. 15, 2020: Joe Biden said: “I would raise the capital gains tax to the highest rate of 39.5 percent, I would double it.”
September 27, 2019: Joe Biden said: “I’m gonna double the capital gains rate to 40 percent.”
September 20, 2019: Joe Biden said: “What I’d be focusing on is eliminating the $1.9 trillion tax cut that [Trump] passed.”
September 4, 2019: Joe Biden endorses a carbon tax.
August 21, 2019: Joe Biden said: “I believe we should, in fact, the capital gains tax should be at what the highest minimum tax should be, we should raise the tax back to 39.6 percent instead of 20 percent.”
August 9, 2019: Joe Biden said: “By eliminating just a few of the tax cuts,” Biden said, then added, “I’m going to eliminate most all of them. No, you think I’m joking? I’m not.“
July 30, 2019: VIDEO: 2020 Democrats Will Raise Your Taxes
July 16, 2019: Joe Biden said: “I would raise the corporate tax. I think we should have lowered it from 36 to 28 percent, but it got lowered to 20 percent. If we just raised it back to 28 percent, we would raise about 600 billion dollars a year. Look at all of the needs we have and the opportunities we have. Ladies and gentlemen, it begins by reversing those cuts.”
July 5, 2020, Joe Biden said: “Yes. Yes, I’d bring back the individual mandate.”
July 5, 2019: Joe Biden said: “Well, three things. One, I do raise the tax rate to 39.5 percent. I do, in fact, eliminate the ability for them to write off capital gains the way they do now. I would raise the — and raise billions of dollars — raise the corporate tax rate from 20 percent to 28 percent.”
July 2, 2019: Joe Biden is running ads to “Repeal Trump’s Tax Cuts.”
June 22, 2019: Joe Biden said: “And folks, on day one, I will move to eliminate Trump’s tax cuts.”
June 17, 2019: Joe Biden said: “First thing I would do as president is eliminate the president’s tax cut.”
June 4, 2019: Joe Biden said: “You go out and you make a capital gain you make a little bit of money on an investment you made and you’re about to go and cash it in. You cash it in, you pay – now it’s down to 20% is too low – but you pay you used to pay them 28%,”
June 3, 2019: Joe Biden said: “If you make a gain, you buy something, you buy stock or anything else and that increases from $1 to $2 or $1 – $2 million, and you want to cash it in, get the cash, you got to pay a capital gains tax much lower than what you’d pay in your regular taxes. It’s much too low now in my view, but that’s a different issue.”
May 28, 2019: Joe Biden said: “You buy something, you buy stock at a dollar it goes to two dollars. You buy a Million, it goes to a million five. When you cash that in to make the gain you made, you have to pay a capital gains tax, which I believe is much too low.”
May 13, 2019: Joe Biden said: “When I’m president, if God Willing I am, we’re going to reverse those Trump tax cuts.”
May 4, 2019: Joe Biden said: “First thing I’d do is repeal those Trump tax cuts.”
Thank you Americans for Tax Reform for compiling this data. Learn more about Americans for Tax Reform at www.ATR.org if you like this content and similar content please consider donating to Americans for Tax Reform