Joe Biden announces tax cuts for middle-class families in the United States

Joe Biden announces tax cuts for the middle class and increases for the rich (Photo: Bloggers)

US President Joe Biden made the announcement on Thursday Will make tax cuts that will benefit about 50 million middle-class households. When raising them for the rich.

In a speech from the White House, This is a “historic middle class tax cut,” Biden said.He did not, however, give details about it.

Much His speech was dedicated to addressing big corporations and the rich. For those who are advised to start paying “their fair taxes”.

In this sense, he stressed, the country is now facing the desire to continue as before, with large corporations “greatly” benefiting from the growth of the economy, or Follow the new path that everyone wants.

US President Joe Biden announces tax cuts to affect about 50 million middle-class families (Photo: Bloggers)
US President Joe Biden announces tax cuts to affect about 50 million middle-class families (Photo: Bloggers)

“The data is absolutely clear: Over the past 40 years the rich have become even richer and many companies have lost responsibility for their workers. Their communities and the country, “he said.

பிடன் In the past, company executives were paid 20 times more than their employees, Today they charge 350 times as much.

“And how is this possible Do the 55 largest companies in the country pay zero federal income tax dollars? They made about $ 40,000 million by 2020 and paid zero, ”he lamented.

To Pitan, The United States is currently “at a turning point” and at that time the results will lead to change On the path of the nation for many years and decades.

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“As I said when I announced that I was going to run (for the election), I think this is a time of great potential change, a time to bring workers back into the economy, It’s time to prove to Americans that the government is working for them, not just for big companies and those at the top. ”

President attacked, accusing large corporations of embezzling about $ 116,000 million from the treasury (Photo: EFE)
President attacked, accusing large corporations of embezzling about $ 116,000 million from the treasury (Photo: EFE)

Likewise, it was condemned It is estimated that the richest 1% of taxpayers evade $ 116,000 million to the Treasury. He wants to control this by allocating more resources to the Tax Collection Service (IRS) to review bank accounts.

Three days ago, Democrats in the House committee proposed a tax increase for the rich And companies earning more than $ 5 million a year.

Democrats They believe the tax increase will raise $ 2.9 trillion in 10 years Pay for Biden’s $ 3.5 trillion social spending plan.

That plan has not yet been written and Various congressional committees are now looking at exactly what to add At

(With information from EFE)

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Eden Hayes

"Wannabe gamer. Subtly charming beer buff. General pop culture trailblazer. Incurable thinker. Certified analyst."

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