Political Quotes

Joe Biden: “First of all, change the tax structure. We are giving people tax breaks who don't need it. The top 1 percent got an $85…”

On the recordJuly 24, 2007
First of all, change the tax structure. We are giving people tax breaks who don't need it. The top 1 percent got an $85 billion a year tax break. It is not needed. My dad used to have an expression -- don't tell me what you value, show me your budget. And the budget we have here is we all dance around it. We need more revenue to be able to pay for the things the governor and everybody else talks about. And there's only one way to do it. You either raise taxes or take tax cuts away from people who don't need them. I'd take them away from people who don't need them.
Said by
Joe Biden
Democratic · Delaware

Editor's note · Context

Biden discusses the need to change the tax structure and eliminate unnecessary tax breaks for the wealthy.

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