• Latest
  • Trending
Joe Biden, Taxes

Biden Doubles Down on Promise to Raise Taxes Despite 66% of Voters, 57% of Democrats Wanting Cuts

10/25
Exclusive: ‘Trans Kids’ Henrico Teacher Revealed as Antifa Member Who Wants to ‘Kill’ His ‘Enemies’

Exclusive: ‘Trans Kids’ Henrico Teacher Revealed as Antifa Member Who Wants to ‘Kill’ His ‘Enemies’

02/03
Video: White Girl, Age 9, and Brother, 10, Savagely Beaten by Black Teens on School Bus

Video: White Girl, Age 9, and Brother, 10, Savagely Beaten by Black Teens on School Bus

02/03
Biden Does Nothing as Chinese Spy Balloon Flies Over ‘Sensitive’ Sites on American Soil

Biden Does Nothing as Chinese Spy Balloon Flies Over ‘Sensitive’ Sites on American Soil

02/03
Video: AOC Accused of Mocking Black Clergymen After Bizarre Rant

Video: AOC Accused of Mocking Black Clergymen After Bizarre Rant

02/03
New Jersey Councilwoman Gunned Down in ‘Targeted’ Shooting

New Jersey Councilwoman Gunned Down in ‘Targeted’ Shooting

02/02
Memphis Police Department Has a Long History of Cops With Gang Ties

Memphis Police Department Has a Long History of Cops With Gang Ties

02/02
McConnell Removes Senators Who Challenged His Leadership Bid From Key Panel

McConnell Removes Senators Who Challenged His Leadership Bid From Key Panel

02/02
EXCLUSIVE: The Federal Government Is Tracking Unvaccinated People Who Go To The Doctor And To The Hospital Due to CDC-Designed Surveillance Program

EXCLUSIVE: The Federal Government Is Tracking Unvaccinated People Who Go To The Doctor And To The Hospital Due to CDC-Designed Surveillance Program

02/02
‘Deceitful or Stupid’: Chip Roy Blasts Senate Republicans Who Supported Same Sex Marriage Bill

Chip Roy Introduces Bill That Would Eliminate Pentagon ‘Diversity’ Officers

02/01
Steph Curry Petitions Officials to Block Low-Income Housing Near His Mansion

Steph Curry Petitions Officials to Block Low-Income Housing Near His Mansion

02/01
Chad Taylor Henrico County Public Schools

Exclusive: Henrico County Schools Defend Awarding Teacher Wearing ‘Trans Kids’ T-Shirt, Ignore Community Pushback

02/01
Protest To ‘Demand Police Cameras’ Organized In City Where Apparent White Man Got Stomped By Police

Protest To ‘Demand Police Cameras’ Organized In City Where Apparent White Man Got Stomped By Police

01/31
Sunday, February 5, 2023
Subscribe
SUPPORT
National File
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
SUBSCRIBE
  • Home
  • Culture
    • Christianity
    • Video Games
    • Marxism
    • Snowflakes
    • Free Speech
  • News
    • Breaking News
    • International News
    • Fake News
    • Exclusive
  • Politics
    • Gun Rights
    • The Swamp
    • Deep State
    • Supreme Court
    • 2020
    • 2022
    • 2024
  • Big Tech
    • Technology
    • Alt-Tech
  • Sports
  • Education
  • Rona’
No Result
View All Result
National File
SUBSCRIBE
Home Politics 2020

Biden Doubles Down on Promise to Raise Taxes Despite 66% of Voters, 57% of Democrats Wanting Cuts

After telling the country he plans to destroy the oil industry, Joe Biden tells his wealthy Wall Street bankrollers that if elected his tax increases will be significant and immediate

by Archive
October 25, 2020
in 2020, Economic War, News, Politics
Joe Biden, Taxes
Share on FacebookShare on Twitter

Last Updated on October 25, 2020

Democrat vice presidential candidate Joe Biden doubled down on his promise to raise taxes when he spoke to a room full of deep-pocket donors from Wall Street. His declaration came just days after telling the country that he was going to kill the oil industry.

Biden told the room of high-priced donors that a Biden administration would see an across-the-board tax increase on corporation and those defined as wealthy by his advisers.

RelatedPosts

Exclusive: ‘Trans Kids’ Henrico Teacher Revealed as Antifa Member Who Wants to ‘Kill’ His ‘Enemies’

Video: White Girl, Age 9, and Brother, 10, Savagely Beaten by Black Teens on School Bus

Biden Does Nothing as Chinese Spy Balloon Flies Over ‘Sensitive’ Sites on American Soil

Biden’s top advisers have crafted an aggressive tax-and-spend economic agenda that makes raising taxes their top and immediate priority. His staff has indicated these tax increases will comes as legislation and happen almost immediately upon taking office.

Part of the reason Biden needs to soften the ground on this issue is because he will need the revenue to fund his radical $2 trillion infrastructure package. This package includes much of the Green New Deal sought by Progressives, part of which is retrofitting existing structures and upping emissions standards. This plank is meant to address some climate concerns of voters on the left.

Tax & Vote:

66% of likely voters, including 57% of Democrats, consider CUTTING TAXES important to their vote next month.

53% of LV's, including 31% of Democrats, believe if @realDonaldTrump is not reelected their taxes are more likely to go – UP.https://t.co/fjgQ1c7FCC

— Rasmussen Reports (@Rasmussen_Poll) October 24, 2020

Some close to the Biden campaign say the move is also based in ideology. As previously reported in several media outlets, Biden believes raising taxes is a “moral issue” concerning wealth inequality in America. Rather than creating opportunity for individual advancement, Biden sees it as government’s duty to artificially level the playing field.

Wall Street executives close to Biden say he plans to implement the full slate of his tax policies retroactively using budget reconciliation to force the process through Congress. Budget reconciliation means Democrats wouldn’t have to reach a super-majority vote threshold to “raise taxes.” Instead, a 51-vote majority in the Senate would satisfy the need.

A similar backdoor technique was used to force the Affordable Care Act – also known as Obamacare – onto the country, a move that disenfranchised tens of millions from affordable healthcare through private health insurance plans.

Tags: 2020 Election2020 presidential raceelectionGovernmentIRSJoe BidenObamacarepoliticsTax HikeTaxesWall Street

Related Posts

Exclusive: ‘Trans Kids’ Henrico Teacher Revealed as Antifa Member Who Wants to ‘Kill’ His ‘Enemies’
Exclusive

Exclusive: ‘Trans Kids’ Henrico Teacher Revealed as Antifa Member Who Wants to ‘Kill’ His ‘Enemies’

February 3, 2023
Video: White Girl, Age 9, and Brother, 10, Savagely Beaten by Black Teens on School Bus
Culture

Video: White Girl, Age 9, and Brother, 10, Savagely Beaten by Black Teens on School Bus

February 3, 2023
Biden Does Nothing as Chinese Spy Balloon Flies Over ‘Sensitive’ Sites on American Soil
Borders

Biden Does Nothing as Chinese Spy Balloon Flies Over ‘Sensitive’ Sites on American Soil

February 3, 2023
Load More
Facebook Twitter Reddit Telegram RSS

Category

  • 2020
  • 2022
  • 2024
  • Alt-Tech
  • Big Tech
  • Borders
  • Breaking News
  • cartoons
  • China
  • Christianity
  • Civil Unrest
  • Climate Hysteria
  • commentary
  • Coronavirus
  • Culture
  • Deep State
  • Economic War
  • Economy
  • Education
  • Election Integrity
  • Elections
  • Exclusive
  • Fake News
  • Fake News Media
  • Feminism
  • Free Speech
  • Gun Rights
  • Hate Hoax
  • Human Trafficking
  • Immigration
  • Impeachment
  • International News
  • LGBTQ
  • Life
  • lifestyle
  • Marxism
  • Movies
  • National Security
  • Nationalism vs. Globalism
  • News
  • op-ed
  • Opinion
  • Opioid Crisis
  • Politics
  • Radical Islam
  • Related Stories
  • Sex Crimes
  • Snowflakes
  • Soros
  • Sports
  • States
  • Supreme Court
  • Technology
  • The Hill
  • The Swamp
  • Video
  • Video Games
  • Violent Crime
  • Vote fraud
  • Voter Fraud
  • Voter Fraud Investigation
  • White House
  • Wholesome News

Recent News

  • Exclusive: ‘Trans Kids’ Henrico Teacher Revealed as Antifa Member Who Wants to ‘Kill’ His ‘Enemies’
  • Video: White Girl, Age 9, and Brother, 10, Savagely Beaten by Black Teens on School Bus
  • Biden Does Nothing as Chinese Spy Balloon Flies Over ‘Sensitive’ Sites on American Soil

© 2022 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected] Want to advertise with us? Please email: [email protected]

No Result
View All Result
  • Home
  • Politics
  • News
  • Culture
  • Coronavirus
  • Sports
  • 2020
  • Breaking News
  • Civil Unrest
  • International News
  • The Swamp
  • Big Tech
  • Deep State
  • Voter Fraud
  • Marxism
  • Free Speech
  • DONATE
  • SUBSCRIBE

© 2022 NationalFile.com National File, LLC. Privacy. Corrections. About Us. All Rights Reserved.
Have any questions or suggestions? If you are having difficulty unsubscribing from our mail subscription please send an email here [email protected] Want to advertise with us? Please email: [email protected]

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In