President Biden echoed his calls to tax the wealthy and corporations on Monday during a speech to members of a firefighters union in Washington, D.C., telling them that firefighters shouldn’t pay higher taxes than billionaires.
Biden made the remarks to the International Association of Fire Fighters (IAFF) conference. The IAFF was the first union to endorse Biden during the 2020 presidential campaign, and they said he is the first sitting president to address them.
"You know what [a billionaire’s] average tax rate is? Three – 3%. Poor people," Biden said, drawing laughs from the crowd. "That's why I'm proposing a billionaire tax because no billionaire should be paying a lower tax rate than a firefighter. Nobody. And by the way, they still have hundreds of billions of dollars. It's not like it's going to be a great sacrifice."
