JOE BIDEN/TAXES: “You have 91 out of every — of the Fortune 500 companies not paying a single solitary penny. If you raise the corporate taxes back to 28 percent, which is a fair tax, you’d raise $1 trillion 300 billion by that one act.
If you made sure that people making over $400 grand pay what they did in the Bush Administration, 39.6 percent, you would raise another — this goes up to, let me get to the exact number here. About another $200– excuse me. $92 billion.
So you could raise a lot of money to be able to invest in things that can make your life easier, make you change your standard of living by making sure you have affordable healthcare, by making sure you’re in a situation where you’re able to send your kind to school, and if you have a student debt, you can deal with it.”
-Joe Biden, “Read the full transcript of Joe Biden’s ABC News town hall,” abcnews.go.com, Oct. 15, 2020