Joe Biden attacked Amazon and other big businesses in his speech unveiling his $2 trillion infrastructure plan Wednesday in Pittsburgh.
Bidenโs infrastructure plan is the next major initiative for his administration following the passage of his $1.9 trillion American Rescue Plan.
He says the plan will create โmillionsโ of American jobs and lower the deficit โin the long run.โ [It won’t. It’s the same old tired approach that never works. Corporations will just take their money elsewhere.]
To pay for the legislation, he proposed hiking taxes on corporations and the wealthy, arguing that Amazon and other world-leading companies have gotten away with paying nothing in federal taxes.
โRight now a middle-class couple โฆ making a combined 110, 120 thousand dollars a year pays 22 cents for each additional dollar they earn in federal income tax,โ Biden said. โBut a multi-national corporation that builds a factory abroad and then bring it home and sells it โ They pay nothing at all.โ
That is so untrue.
He blatantly lied about Donald Trump’s tax cuts that mostly helped the middle class.
Go to about 50:00:
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