JOE BIDEN/TAXES: “What I’m talking about is, no one making under $400,000 a year will pay a single increase in taxes. I have a list here of the taxes we’re going to change to make sure that everybody pays their fair share.
And you realize there’s 19 of the Fortune 500 companies that don’t pay a single penny in tax, not one single penny in taxes?…
I’d make the changes on the corporate taxes on day one.
And the reason I’d make the changes on corporate taxes, it can raise $1.3 trillion, if they just start paying at 28 percent, instead of 21 percent.
And what are they doing? They’re not hiring more people. What are they doing? They’re buying back their own stock.”
-Joe Biden, “The Lead with Jake Tapper,” cnn.com, Sep. 10, 2020