Withdrawn / Biden on Tax Policy
Words: Biden opposes the Bush administration’s tax cuts and advocates eliminating the cuts for the top 1% to fund a Homeland Security and Public Safety Trust Fund.
Actions: Biden voted AGAINST requiring a super-majority for raising taxes (1998), AGAINST an across-the-board spending cut (1999), FOR eliminating the “marriage penalty” (2000), FOR increasing tax deductions for college tuition (2001), FOR reducing the “marriage penalty” rather than cutting top tax rates (2001), AGAINST $350 billion in tax breaks over eleven years (2003), AGAINST extending the tax cuts on capital gains and dividends (2005), AGAINST retaining reduced taxes on capital gains and dividends (2006), FOR raising $47 billion for the military by repealing the capital gains tax cut (2006), AGAINST permanently repealing the estate tax (2006), AGAINST supporting a permanent estate tax cut (2006), AGAINST raising estate tax exemption to $5 million (2007), and AGAINST repealing the Alternative Minimum Tax (2007). The NTU has given him a rating of 15%.
