Biden's "Tax Plan" has as much substance as a Biden nickname
Joe Biden has spent the majority of the last 6 months, after being bequeathed with the Democratic nomination by the DNC at the expense Bernie Sanders, holed up in a bunker somewhere in Delaware. His campaign has decided upon a strategy of avoiding the spotlight, hopefully allowing Donald Trump to self-sabotage himself before Biden has a chance to open his mouth and turnoff the entire electorate. He's had semi-routine appearances in various home-park venues online, but they've been accompanied with little media fanfare (Biden's press appearances are noticeably absent from Twitter's "what's happening" section when they are airing live). Now we're beginning to understand his campaign's strategy on the meat-and-potatoes issues is to hide as well.
Facing increasing pressure to define his agenda going into the 2020 campaign season, Biden has begun to release nuggets of information about some of his plans.
But don't expect to come away with a better understanding of how Biden's plans will affect you. At a fundraiser on Monday, Biden told donors that “I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,” before criticizing the President's Tax plan for providing an artificial "sugar high" of economic benefit (newsflash: new jobs aren't a sugar high) at the expense of the country's long-term financial stability. What has Biden identified as the problems? Well, not much to be honest. He wants to raise the corporate tax rate from 21% (down from 35% due to the Trump Tax Cuts) to 28% and tax capital gains. Essentially a copy and paste of what a rudimentary computer program would spit out if you asked it to generate a generic Democrat platform on taxes.
Essentially, there is no plan. Joe Biden is trying to do as little as possible to rock the boat because he knows that he can't do anything right. If he says one thing, the progressive base will turn on him, if he gives the progressive base what they want, it turns off Independents and Moderates. Rather than confront this rift in his own party with verve and conviction, his campaign has cynically decided to prey upon your recency bias; as long as Biden is as absent as humanly possible from your mind, he can't be hurt.