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The Accidental Tax Cutter in Chief

The Accidental Tax Cutter in Chief

The Daily vor 2 Jahren

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27:12

In his campaign for re-election, President Biden has said that
raising taxes on the wealthy and on big corporations is at the
heart of his agenda. But under his watch, overall net taxes have
decreased.

Jim Tankersley, who covers economic policy for The Times,
explains.

Guest: Jim Tankersley, who covers economic policy at the White
House for The New York Times.

Background reading:

An analysis prepared for The New York Times estimates that
the tax changes President Biden has ushered into law will amount
to a net cut of about $600 billion over four years.

“Does anybody here think the tax code’s fair?” For Mr. Biden,
tax policy has been at the center of his efforts to make the
economy more equitable.

For more information on today’s episode, visit
nytimes.com/thedaily. Transcripts of each episode will be made
available by the next workday.