2023 State of the Union address: on Tax Reform


Joe Biden: Reward work, not wealth: crack down on wealthy tax cheats

Let's close the loopholes that allow the very wealthy to avoid paying their taxes. Instead of cutting the number of audits of wealthy tax payers, I signed a law that will reduce the deficit by $114 billion by cracking down on wealthy tax cheats. That's being fiscally responsible.

We pay for investments in our future by finally making the wealthiest and the biggest corporations begin to pay their fair share. Under my plan, nobody earning less than $400,000 a year will pay an additional penny in taxes. Nobody. Not one penny.

Let's reward work, not just wealth. Pass my proposal for a billionaire minimum tax. Because no billionaire should pay a lower tax rate than a school teacher or a firefighter.

Source: 2023 State of the Union speech Feb 7, 2023

  • The above quotations are from 2023 State of the Union address to Congress, plus the Republican, Working Family, and MAGA response.
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  • Click here for more quotes by Joe Biden on Tax Reform.
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2016 Presidential contenders on Tax Reform:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI) 		Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Dec 02, 2023