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Biden Pledges $1 Trillion Tax Hike Print E-mail
by Tom McGregor    Thu, Oct 4, 2012, 07:37 PM
$1 Trillionaire.jpgVice President Joe Biden has just disclosed that President Barack Obama will raise $1 trillion in new taxes on American citizens. He contends that 'share the wealth' schemes are the way to move 'Forward.'

Fox News reports that, “Vice President Joe Biden acknowledged Thursday that he and President Barack Obama want to raise $1 trillion in taxes on the wealthy as part of a plan to let some Bush-era tax cuts expire, giving Republicans fresh fodder to criticize the Democratic ticket just days after the vice president said the middle class has been buried during the past four years.”

During a stop in the battleground state of Iowa, Biden said, “on top of the trillion dollars in spending that we have already cut, we’re going to ask the wealthy to pay more. My heart breaks. Come on man.”

Fox News quotes Biden as saying that, “Biden said Romney and other Republicans often say ‘Obama and Biden want to raise taxes by a trillion dollars.’ Guess what? Yes, we do in one regard: We want to let that trillion dollar tax cut expire so the middle class doesn’t have to bear the burden of all that money going to the super-wealthy. That’s not a tax raise. That’s called fairness where I come from.”

A spokesman for Romney, Ryan Williams, responded, “fresh off admitting that America’s middle class has been ‘buried’ over the last four years, Vice President Biden went a step further today and fully embraced the president’s job-killing tax increases. The choice facing Americans in this election gets clearer every day.”

To read the entire article from Fox News, link here:

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Comments (5)add comment
written by George , October 05, 2012

Big Bird would do a better job than both Obama or Romney. The middle class in the US is becoming extinct and will have no money to pay any taxes, THEN WHAT only .005% of the US citizens wil be able eat?

written by LA student , October 05, 2012

Maybe the Jesuits could feed the American middle class with all their CASH.

written by K. D. , October 05, 2012

Biden shows his vast lack of knowledge with such stupid stands & makes it clear what two leaders need to be retired from an incompetant administration!

written by Donn C. Irving , October 07, 2012

Talk about shooting himself in the foot, Biden carries the message well, ahem.


written by K. D. , October 08, 2012

What a "dip"! This "team" has no suggestions other than taxing everyone into poverty!

This guy needs to be retired as well as his "teleprompter boss"!

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