Former Vice President and Presidential Candidate Joe Biden promised on Saturday that he would abolish President Trump's tax cuts in 2017 on the Biden's President's First Day, and close $ 500 billion in tax loopholes.
In the Democratic Party of the South Carolina Convention, Biden said "Income inequality is at the highest level and worsened by Trump's tax cuts and huge profits to the first tenth of 1% … and it's time to get started to reward work over wealth. "
Drawing on their political proposals in this visit to the early primordial state, Biden said that tax reliefs backed by PPs that were criticized in some quarters as useful only for the rich, have no social recovery value. He promised to "use this money for good use".
Biden promised that, among other things, the residual funds from tax cuts would be directed to initiatives such as green energy research and development, biannual college scholarships and
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Hope from 2020 also offered a $ 8,000 child loan for childcare. He also pledged to increase Title I funding for schools with a large number of low-income students and to allocate between $ 1
Biden also confirmed his plan to implement a public health option like Medicare to ensure that people with low incomes have health coverage.
Biden continues to lead sociological studies in the field of about two dozen Democratic rivals.