Biden to billionaires: 'You're going to stop paying 3%' tax rate

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President Biden announced his intentions to tax billionaires higher than 3% at a speech in Virginia Beach, Virginia on Tuesday, Feb. 28, 203. Biden said, "The idea that they pay at a rate that is lower than the rate of a police officer, a school teacher, a nurse...is bizarre."

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Considering that I pay 24% every week out of my check, I believe that these billionaires should be paying their fair share.

sofakingphat
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Politicians should be paid minimum wage

jeremyfisher
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Keep in mind, Joes been in political office for decades and couldn’t do this. I guess he wants 4 more years to raise taxes

johnford
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This why Elon and the billionaire class have been so insanely against Biden

thl
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Yes exactly. These billionaires are mentally ill with greed.

datingissuchadrag
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He’s only gonna tax middle class cuz we don’t have as many resources as the billionaires to be able to find the loopholes lol. What a load of bs

frf
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Has Joe Biden or any other politician for that matter ever paid any taxes?

samuelcapritta
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*_He's completely right about this. Everyone should pay taxes according to their personal income and wealth. I appreciate him. A nurse and a billionaire businessman should not pay the same tax. This is a great injustice. Just for this reason, if anyone claims that Joe Biden is a socialist, he should first go and learn what socialism means._*

SeR-HaT
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Do it! Billionaires are the highest paid welfare recipients.

bonnielee
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Billionaires and millionaires are in a 50% tax bracket. They pay that on profit. The 3% is on money they have in the bank.the same amount as everybody else. This is political posturing at its worst.

JamesScar-eoch
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Are democrats clueless when it comes to taxes? The rich have assets and credit not money.

frodehorgen
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It's absolutely insane that the extreme rich don't pay their share of taxes!

maryrobie
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Term limits for the House & Senate ... #EndCorruption

FirstAmendmentRights
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Smoke and mirrors..thats all old brandon is good for...you can always tell when hes lying...if his mouth is running, hes lying!

jimmillet
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This guy has the nerve to talk about people not paying their taxes... Do you mean like your son? Let's Go Brandon!

OnBrkenWngs
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I will never understand why a person needs more money than they could spend in 10 lifetimes.

robertwheeler
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Question I have is how many millionaires are in congress that were not when they started?

zombenut
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He is a liar. He is a traitor. He has committed crimes against humanity. He should not be listened to.

makiavelli
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It's not a joke. It's a lie.

TheHouseofSniffers
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I agree completely. Thanks Biden. No more tax cuts for billionaires.

alexiskiri