in the vicinityVideoJoe Biden, he proposes the repeal of Trump’s tax cuts, if elected
Joe Biden speaks at the South Carolina Democratic Convention.
The former Vice President and current presidential candidate Joe Biden promised Saturday that on “day One” of a Biden presidency, he would repeal, President Trump’s 2017 tax-cuts, and in the vicinity of $500 billion to the tax-loopholes.
Speech at the South Carolina Democratic y Convention, Biden said that “income inequalities are at an all-time high and worse by Trump is with tax cuts and enormous give-aways to the top one-tenth of 1 percent … and it’s time to reward that we start to work over wealth.”
DEMOCRATS AIM THEIR FIRE AT TRUMPF, SOUTH CAROLINA, VIE FOR FRONT-RUNNER STATUS
With his policy proposals in this visit to the early primary state, Biden said, the GOP-backed tax cuts have been heavily criticised in some quarters as not only good for the rich, who have no social redeeming value. He vowed to “put use the money.”
Biden promised that, among other things, the Rest of the funds from the tax-break would be issued against initiatives such as the green energy research and development, two-year college teaching, and a public option for health insurance.
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The 2020 hopeful also proposed a $8,000 per child credit for child care. In addition, he promised to increase title I funding for schools with a high number of low-income students, and the allocation of between $15 billion and $expand 45 billion universal pre-K, raise teacher pay, Fund, a special training and a doubling of the number of school psychologists, vocational counsellors and carers for the support of the public school systems.
Biden also reiterated his plan to implement a public health-care option like Medicare that would guarantee that low-income persons have health insurance.
Biden continues to lead the polls in a field of about two dozen Democratic contenders.