Biden campaign hits back at Trump's false claim that Biden will raise taxes: ‘He has no proof’
In response, Trump tells voters that a Biden administration will mean a tax hike on Americans. “He’ll massively raise your taxes, Biden,” Trump said at a rally in Prescott, Ariz., on Oct. 19. “He’s going to raise your taxes. First time I’ve ever heard of a politician. He’s running on raising taxes. That’s how crazy the world has become.”
“I know that Donald Trump constantly says that Joe Biden is going to raise your tax rate, which is not true. He has no proof. It is not true,” she said. “What we want to do is build economic wealth for working people.” Trump’s second-term tax agenda is light on details, but includes policy items like expanding existing tax breaks, creating credits for specific industries and activities, and tax cuts “to boost take-home pay.” Biden’s economic recovery plan for working families, Jean-Pierre said, will create jobs by addressing racial wealth and income inequality, Jean-Pierre said. His goal is to create jobs “with a racial equity lens so that everybody gets lifted up.
Story continuesA recent Federal Reserve survey shows the magnitude of the racial wealth gap in the U.S. The median wealth of a typical white family is $188,200 compared to $24,100 for a median Black family.
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