Westerville, Ohio – Almost everyone agrees that former Vice President Joe Biden won the 4th Democrat debate which was held in the iconic suburb of Westerville, Ohio.
Here is the key moment when former VP Joe Biden cleverly won the debate:
CNN MODERATOR ERIN BURNETT: Vice President Biden, you have warned against demonizing rich people.
Do you believe that Senator Sanders and Senator Warren’s wealth tax plans do that?
JOE BIDEN: No, look, demonizing wealth, what I talked about is how you get things done.
And the way to get things done is take a look at the tax code right now.
The idea, we have to start rewarding work, not just wealth.
I would eliminate the capital gains tax.
I would raise the capital gains tax to the highest rate, of 39.5 percent.
I would double it, because guess what?
Why in God’s name should someone who’s clipping coupons in the stock market make, in fact, pay a lower tax rate than someone who, in fact, is, like I said, the, a schoolteacher and a firefighter? It’s ridiculous. And they pay a lower tax!