“There is plenty, plenty of money to go around.” – Joe Biden
Joe Biden is letting voters know that he will repeal President Trump’s tax cuts if elected…that’s good to know. He made the remarks while speaking at “The Poor People’s Campaign Presidential Forum”
Former Vice President Joe Biden said “the first thing I would do” if president is repeal the Trump tax cuts, which would raise taxes on the 82% of middle-class Americans that saw a tax cut in 2018 with an average savings of $1,260, and the 90% of workers that saw an increase in pay.
It would be Obama round three if Biden is elected. Who can forget Joe the Plumber and Obama discussing “spreading the wealth”.
The Trump tax cuts have been fantastic for middle-class America:
According to Fox Business, the middle class has seen strong tax reduction, higher take-home pay, more jobs, and more economic opportunity.
The success of President Trump’s tax cut for the middle class is clear:
In the months following passage of the tax cuts, unemployment fell to a 49-year low and key demographics including women, African-Americans and Hispanics have seen record low unemployment rates.
Job openings have now hit a record high of 7.3 million and over 300,000 jobs were created last month, as most private-sector businesses continued hiring despite the government shutdown. Year-over-year, wages have grown 3.2 percent and the economy is projected to grow at 3.1 percent over 2018.