Joe Biden is claiming to fight against inequalities by going after billionaires, a very popular idea these days, and the inequality is staggering.
But on closer inspection, he is only planning to raise taxes on profits from 21 to 28 percent, whereas Trump had lowered them from 35 to 21 percent! And the man who claims to be taxing the rich is planning to raise – brace yourself – the highest income tax bracket by just 2.6 percent.
The big bosses, the billionaires and their tax lawyers have nothing to fear from the occupant of the White House.
