Biden Vows to Roll Back Trump’s Tax Cuts if Elected

Biden Vows to Roll Back Trump’s Tax Cuts if Elected
Democratic presidential candidate Joe Biden answers questions after speaking about the CCP virus pandemic and the economy in Wilmington, Del., on June 30, 2020. Brendan Smialowski/AFP via Getty Images
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:

Former Vice President Joe Biden promised to roll back tax cuts enacted by President Donald Trump if he’s elected president.

“I’m going to get rid of the bulk of Trump’s $2 trillion tax cut and a lot of you may not like that but I’m going to close loopholes like capital gains and stepped up basis,” Biden, 77, the presumptive Democratic presidential nominee, told people during a virtual fundraiser this week.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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