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whitehouse.gov | Remarks by President Biden at a Campaign Reception , 1 May
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And I also want to thank Senator Ma—where is Mazie?  She—where is Mazie Hirono?
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And Congressman Ted Lieu is also here.  And I know several other members are on their way and couldn't her—be here because of votes.
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And I also want to thank Katherine Tai, who's here today.  Katherine, you were here, anyway.  (Applause.)  There you are.  
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Look how far we've come: 15 million new jobs—a record for any one term for a President of the United States. (Applause.) Because of you, historically low levels of unemployment for Asian Americans, while Asian American unemployment nearly doubled under Trump.
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Folks, this election is about freedom, America, and democracy.  That's why I badly need you.

You know, one of the reasons why our economy is growing is because of you and many others. Why? Because we welcome immigrants. We look to—the reason—look, think about it. Why is China stalling so badly economically? Why is Japan having trouble? Why is Russia?  Why is India? Because they're xenophobic. They don't want immigrants. Immigrants is what makes us strong. Not a joke. That's not hyperbole.  Because we have an influx of workers who want to be here and just contribute.  
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by Cat on Fri May 3rd, 2024 at 02:30:01 PM EST
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yahoo! WSJ | A Global Tax on Billionaires? Janet Yellen Says 'No', 20 May bidenomics
Yellen said the U.S. wouldn't support the talks on the issue. She is due to meet later this week with finance ministers from the Group of Seven [G7] advanced empires, who are expected to discuss the global wealth tax.

"We believe in progressive taxation. But the notion of some common global arrangement for taxing billionaires with proceeds redistributed in some way—we're not supportive of a process to try to achieve that. That's something we can't sign on to," she said.
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"We believe in progressive taxation, but the notion of some common global arrangement for taxing billionaires with proceeds redistributed in some way—we're not supportive of a process to try to achieve that. That's something we can't sign on to," she said.

the least "vulnerable" eNTiTIes
While the Biden administration has proposed significantly raising taxes on high-income Americans, it has shied away from a wealth tax, which seeks to annually collect a share of an individual's net worth. President Biden has instead [?] pushed for a plan that would require Americans worth more than $100 million to annually pay a 25% tax on all of their earnings, including unrealized capital gains.
by Cat on Mon May 20th, 2024 at 06:39:43 PM EST
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