Politics

Biden Says He And Obama "Want To Raise Taxes By A Trillion Dollars"

"In one regard" — letting the Bush tax cuts expire. Straight talk from the Vice President in Iowa.

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Biden's full remarks:

On top of the trillions of dollars in spending that we have already cut, we’re going to ask the wealthy to pay more. My heartbreaks, come on man. You know the phrase they always use? Obama and Biden want to raise taxes by a trillion dollars. Guess what? Yes we do in one regard. We want to let that trillion dollar tax cut expire so the middle class doesn’t have to bare the burden of all that money going to the super wealthy. That’s not a tax raise that’s called fairness where I come from.

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