President-elect Joe Biden in a Wednesday interview said “there’s no reason why” his administration shouldn’t raise both corporate and individual income taxes to levels maintained during former president George Bush’s administration.
Biden insisted “everybody pairs their fair share” in taxes during his presidency, and suggested a nearly 40% rate for those in the top bracket, which he said was commonplace during the Bush era, in an interview with the New York Times.
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Over 100 former staffers for former President George W. Bush, the late Sen. John McCain and Sen. Mitt Romney endorsed Democratic nominee Joe Biden for president Thursday, Politico reported.
“What unites us now is a deep conviction that four more years of a Trump presidency will morally bankrupt this country, irreparably damage our democracy, and permanently transform the Republican party into a toxic personality cult,” Romney Alumni for Biden said in an open letter.
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