12/20/2010

Biden: Tax Cuts For The Rich Are “Morally Troubling”

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A transcript is available here:
BIDEN: . . . The one target for us in two years is no longer extending the upper income tax credit for millionaires and billionaires, and scaling back what we had to do to get the compromise , the estate tax for the very wealthy. . . .
MR. GREGORY:
The president wrote in " Audacity of Hope " that he found the Bush tax cuts for the wealthy morally troubling.
VICE PRES. BIDEN:
They are.
MR. GREGORY:
Is that still his belief?
VICE PRES. BIDEN:
It's still his belief.
MR. GREGORY:
Your belief as well?
VICE PRES. BIDEN:
Mine as well.
VICE PRES. BIDEN:
. . . They're for two years, and we're coming back and going at it again. . . .


My take on this claim is available here.

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