VIDEO: Biden to Raise Taxes Despite Obama Warning

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Posted by John Kartch on Tuesday, August 4th, 2020, 9:17 AM PERMALINK

As shown in a video released today by Americans for Tax Reform, even Barack Obama knows you don't raise taxes in a recession. Yet Joe Biden is pushing for a long list of tax increases to impose on the American people.

As shown in the video:

"You don't raise taxes in a recession." -- Barack Obama

"Guess what? If you elect me, your taxes are going to be raised, not cut." -- Joe Biden

"The last thing you want to do is raise taxes in the middle of a recession because that would just suck up, take more demand out of the economy and put businesses in a further hole." -- Barack Obama

"I would raise the corporate tax rate from 20 percent to 28 percent." -- Joe Biden

"I'm gonna double the capital gains rate to 40 percent." -- Joe Biden

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