Summary List Placement

Economic recovery is largely driving President Joe Biden’s agenda, and to him, a primary part of that recovery means boosting the middle class. To do that, he said the wealthy need to start paying their fair share in taxes.

“I’m tired of trickle down,” Biden said during a CNN town hall on Wednesday. “I come from the corporate state of America.”

Trickle-down economics is the idea that tax breaks and benefits for the wealthy will “trickle down” to the rest of society, but this theory has been discounted by some economists, and the president. During the town hall details ⇒

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