Biden Dares Democrats to Shift Tax Burden to Wealthy Americans

April 29, 2021, 4:09 AM UTC

Joe Biden took the riskiest step of his presidency with a call for higher taxes on the wealthy to fund a massive investment in the nation’s social safety net, betting he could sell the American public on sweeping change following a pandemic that exacerbated economic and social divides.

Biden devoted his first address to a joint session of Congress to a call for “a once-in-a-generation investment in our families,” prescribing trillions of dollars in new spending for infrastructure, child care, paid leave, community college tuition, and a bevy of subsidies for working class families.

WATCH: President Joe Biden discusses his tax plan for economic growth in the U.S. He speaks during a joint session of Congress in Washington, D.C.
(Source: Bloomberg)

And in a full-throated confrontation ...

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