U.S. President Joe Biden laid down some economic dividing lines on Thursday.
In his State of the Union address, he vowed to raise taxes on big companies and the super-rich:
“I propose the minimum tax for billionaires at 25%, just 25%. You know what that would raise? That would raise $500 billion over the next ten years. And imagine what that could do for America.”
Biden proposed a raft of other measures on taxes.
This video was provided by Reuters.