Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,438
- 2,290
Former Vice President and current presidential candidate Joe Biden promised Saturday that on "Day One" of a Biden presidency he would repeal President Trump's 2017 tax cuts and close $500 billion on tax loopholes.
Biden promised that, among other things, residual funds from the tax break would be put toward initiatives such as green energy research and development, two-year college tuition grants and a public-option health insurance plan.
The 2020 hopeful also proposed an $8,000-per-child credit for child care. In addition, he promised to increase Title I funding for schools with high numbers of low-income students, and to allocate between $15 billion and $45 billion to expand universal pre-K, raise teachers' pay, fully fund special education and double the number of school psychologists, guidance counselors and nurses to support public school systems.
Biden also reiterated his plan to implement a public health care option like Medicare, which would guarantee that low-income individuals have health coverage.
Biden continues to lead the polls in a field of some two-dozen Democratic contenders.
Biden vows to repeal Trump tax cuts on 'Day One' if he captures White House
This is what Democrats are promising America. Tax the rich, and give to Democrat supporters like environmentalists and unions.
Close loopholes? When was the last time a Democrat did that? They created most of the loopholes!
The tax cuts are not only responsible for our ongoing good economy, they are also responsible for many blue collar people bringing in more in their take-home pay be it increased wages or increased net pay. We have the lowest unemployment in nearly 50 years, and broke a new record in median household income.
Apparently Democrats never heard of the old saying, it it's not broke-don't fix it. Their new theme should be, if it's not broke, we will break it.
Biden promised that, among other things, residual funds from the tax break would be put toward initiatives such as green energy research and development, two-year college tuition grants and a public-option health insurance plan.
The 2020 hopeful also proposed an $8,000-per-child credit for child care. In addition, he promised to increase Title I funding for schools with high numbers of low-income students, and to allocate between $15 billion and $45 billion to expand universal pre-K, raise teachers' pay, fully fund special education and double the number of school psychologists, guidance counselors and nurses to support public school systems.
Biden also reiterated his plan to implement a public health care option like Medicare, which would guarantee that low-income individuals have health coverage.
Biden continues to lead the polls in a field of some two-dozen Democratic contenders.
Biden vows to repeal Trump tax cuts on 'Day One' if he captures White House
This is what Democrats are promising America. Tax the rich, and give to Democrat supporters like environmentalists and unions.
Close loopholes? When was the last time a Democrat did that? They created most of the loopholes!
The tax cuts are not only responsible for our ongoing good economy, they are also responsible for many blue collar people bringing in more in their take-home pay be it increased wages or increased net pay. We have the lowest unemployment in nearly 50 years, and broke a new record in median household income.
Apparently Democrats never heard of the old saying, it it's not broke-don't fix it. Their new theme should be, if it's not broke, we will break it.
