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Biden tells donors he plans to roll back bulk of trillion-dollar Trump tax cuts
"In this image from video provided by the Biden for President campaign, Democratic presidential candidate former Vice President Joe Biden speaks during a virtual press briefing Wednesday, March 25, 2020. (Biden for President via AP)" Photo and caption from the article in the Washington Times.
Full articleJoseph R. Biden, the presumptive Democratic presidential nominee, told campaign donors late Monday that he plans to roll back a majority of President Trump’s several trillion-dollar tax cuts.
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' I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,' Mr. Biden said. 'A lot of you may not like that, but I’m going to close loopholes like capital gains and stepped-up basis.'
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