It's time for the super rich to pay more taxes

“It's time for the super-rich to pay their fair share of taxes,” Biden told hundreds of workers in Pennsylvania.

Biden’s June 17 campaign rally was sponsored by the AFL-CIO, a union representing 12.5 million American workers. The union publicly endorsed Biden and Vice President Kamala Harris on June 16, according to AFP .

The rally in Pennsylvania on June 17 was the largest event Mr. Biden has held since publicly announcing his re-election campaign on April 25. (Photo: Reuters)

In front of hundreds of workers, Mr. Biden said politicians in Washington have shown little interest in supporting unions.

“There are a lot of politicians in this country who can’t say the word ‘union.’ I’m not one of them. I’m proud to say it, I’m proud to be the most pro-union president in American history,” he said.

The president described blue-collar workers as the backbone of the economy . “When the middle class thrives, everyone thrives,” he said.

Mr. Biden also said that legal reform is needed to ensure middle-class prosperity, including reforming the “unfair” tax code.

“How can it be fair that the 55 largest corporations in America pay no federal income tax on $40 billion in profits?” he said.

The US leader noted that the number of US billionaires has increased to about 1,000. They are paying an average of 8% in federal taxes on their income.

“They pay lower taxes than teachers, firefighters, and probably anyone in this room. It’s time for them to pay the minimum tax rate…” , he stressed.

(Source: Zing News)

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Source: https://vtc.vn/ong-biden-da-den-luc-gioi-sieu-giau-dong-nhieu-thue-hon-ar800450.html