Biden still says he’s considering a bid, but no decision yet. It certainly looks like a decision is getting closer.
House Ways and Means Chairman Kevin Brady said he hopes the new tax rules go into effect and “begin to level the playing field” before the next election.
It would become a technical issue, in other words, but that hasn’t stopped Democrats from pointing to it as a political maneuver.
“Minority Leader Pelosi doesn’t want to talk about tax breaks for the super-rich, so she’s pushing for a bill that cuts taxes for the super-rich,” said Brendan Buck, a spokesman for House Speaker Nancy Pelosi.
Chuck Schumer, the Senate minority leader, said Biden was seeking votes with his comments that “the president’s tax plan unfairly penalizes small businesses and keeps them small, but benefits large corporations that spend millions to avoid paying taxes.”
How Biden’s rhetoric was over-sell by saying that Trump’s plan “deports” small businesses and supports companies that double down on tax shelters to avoid paying taxes. Obviously, Biden was saying this isn’t a tax cut for anyone, but Biden’s stinging criticism isn’t necessarily true. It’s just a tax plan that favors corporations in the sense that “cuts taxes for the super-rich,” when in fact it actually keeps their tax rates the same.
Biden believes that Trump is a racist and that the tax plan is a way for the Republican Party to “steal” opportunities from Democrats and African-Americans. He’s out in public bragging about how he’s successfully used lies and divisiveness to win elections in the past, how he’s ahead of the curve by knowing how to use Republican “dog whistles” to win people over and so on.
His actions in 2020 make it seem like it’s all about getting in Trump’s face, holding the Republican Party accountable, by beating them into submission. As a result, he looks more presidential and possible “electable” than ever.
As someone who came to DC as a youngster to stand up for all voters and “work together,” I find it surprising that Biden’s stance on tax policy in 2020 is seemingly driven by a desire to actively set himself up as a different kind of Presidential candidate: Someone who’s willing to make enemies to drive a wedge between the Trump Administration and Congressional Republicans — and the ones who voted for him during the election.
The rest of us can’t decide whether he means what he’s saying, and I’m not sure if I’d trust him again if he did. But as someone who was an inspiration to me as a child, after I saw his inspiring 2016 DNC speech, I also hope that he can look at the man who still owes him one and jump into the next race for President.