Last week, President Joe Biden delivered his State of the Union address, which ruffled more than a few feathers. On Thursday night, Biden said that a thousand billionaires are in the United States of America and revealed that their tax rate is just 8%, adding that his administration is considering raising their tax bracket to 25%.
Of course, the announcement was not well-received by wealthy Americans.
In this clip, Professor Karen Hunter and Dr. Greg Carr discuss Biden’s address and question what it means for us.
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