"2024 Approach: Biden's Tax Plan Shifts Focus from Trumpenomics to Social Security Funding"

1 min read
Source: POLITICO
"2024 Approach: Biden's Tax Plan Shifts Focus from Trumpenomics to Social Security Funding"
Photo: POLITICO
TL;DR Summary

President Biden's economic messaging strategy is shifting to directly criticize former President Trump's tax legacy, framing Trump as the candidate of corporate tax cuts and positioning Biden as a champion of the working class. The White House aims to make the 2024 election a choice between the two parties, emphasizing Trump's tax cuts for the wealthy and proposing tax increases on corporations and high earners as a central part of Biden's economic argument. Biden's team hopes to overcome voter skepticism about the economy and believes that casting the economic debate in broad class warfare terms will allow Biden to frame much of his agenda as examples of siding with the working class.

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