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President Biden warns of 'oligarchy' as he bids farewell to five decades in politics
(www.usatoday.com)
this post was submitted on 16 Jan 2025
255 points (96.0% liked)
A Boring Dystopia
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I agree. But also, why didn't you do anything about it when you had the chance?
Remember when he was promising to increase taxes on anyone making $400,000 or more? At the first opportunity (the first debate) the media started attacking only him (BTW completely ignoring trump) until he suspended his campaign.
Harris took over, but notice that that promise disappeared.
Harris wanted to raise taxes on those making 400,000 just like biden, it didn't disappear at all. She also talked about introducing an unrealized gains tax on those with gains worth more than 100 million. You can't say she didn't want to increase taxes on the rich unless you ignore her policy proposals.
While I don't know about this particular promise, Harris's campaign progressively dropped or watered down economic policy promises as the election got closer. I can't find the source, but there was an article here after the election with data on this.