“President Biden delivered a clear and punchy message to America’s highest earners on Wednesday: I’m going to raise your taxes, but your vacation homes are safe,” the New York Times reports.
“Biden defended with gusto his plans to increase taxes on high earners and the wealthy. He railed against high-earning chief executives and promised that his plans were ‘about making the average multimillionaire pay just a fair share.’”
Said Biden: “We’re not going to deprive any of these executives of their second or third home, travel privately by jet. It’s not going to affect their standard of living at all. Not a little tiny bit. But I can affect the standard of living that people I grew up with.”Save to Favorites