America’s tax code must encourage interstate and international competitiveness

In 2020, President Joe Biden ran on the platform of repealing former President Donald Trump’s signature tax legislation, promising, “I’ll move to eliminate Trump’s tax cuts” on Day One. Yet lo and behold, Biden left the Tax Cuts and Jobs Act intact when he enacted his own tax legislation, the Green New Deal-inspired Inflation Reduction Act.

Now Biden is running for reelection on the promise of allowing the Trump tax cuts to expire, tweeting, “That tax cut is going to expire. If I’m reelected, it’s going to stay expired.”