“Advisers to presidential candidate Joe Biden are weighing the introduction of a new tax on Wall Street, as the former vice president now stands alone among the Democratic presidential front-runners in not backing a multitrillion-dollar ‘wealth tax’ on the richest Americans,” the Washington Post reports.
“The plan under consideration from Biden’s advisers could tax financial transactions such as the sale of stocks and bonds.”
“Allies of Joe Biden, concerned about his slipping poll numbers in the Democratic presidential primary and an onslaught of attacks from President Trump, are weighing whether to mobilize a super PAC supporting Mr. Biden and have held conversations with wealthy donors to gauge their interest in contributing money,” the New York Timesreports.
A former top Ukrainian prosecutor told the Washington Post that he believed that Hunter Biden did not run afoul of any laws in Ukraine.
Democrats are admonishing Republicans and President Donald Trump for attacking Joe Biden and his family amid the ongoing Ukraine scandal, calling their criticisms a distraction from Trump’s current predicament.
More than a dozen Democratic senators fought back against the president’s insinuations that there was something suspicious about Joe Biden and his son Hunter’s connections to Ukraine, or that the former vice president and current 2020 hopeful pushed for the removal of a Ukrainian prosecutor to protect his son. Their defense highlights their allegiance to Biden as well as Democrats’ strategy of keeping the attention focused on Trump.
“I think it’s very clear that the president is very afraid of Joe,” said Sen. Mazie Hirono (D-Hawaii). “And so he’s going after Joe and his family for political purposes and I’ll stand with Joe against any president who acts that way.”