Roman Catholic Diocese of Scranton

Regional News • Americas • United States
Biden calls for an end of "era of shareholder capitalism" and higher taxes
Joe Biden in Kosovo
Joe Biden in Kosovo Credit: David Lienemann (Public Domain)

At an event in Pennsylvania the presumptive presidential nominee for the democratic party, Joe Biden, has announced that he wants to implement higher taxes for corporations in case he gets elected as president of the United States.

He stated that "If I am fortunate enough to be elected president, I’ll be laser-focused on working families, the middle-class families I came from here in Scranton. Not the wealthy investor class. They don’t need me" and that we wants to end the "era of shareholder capitalism".