First Of All, I Was There When Ronald Reagan Tax Breaks, He Gave Specifics Of What He Was Going To Cut, Number One, In Terms Of Tax Expenditures. Number Two, 97 Percent Of The Small Businesses In America Pay Less...make Less Than $250,000. Let Me Tell You Who Some Of Those Other Small Businesses Are: Hedge Funds That Make $600 Million, $800 Million A Year. That's, That's What They Count As Small Businesses, Because They're Pass, Through. - SearchQuotes

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First of all, I was there when Ronald Reagan tax breaks, he gave specifics of what he was going to cut, number one, in terms of tax expenditures. Number two, 97 percent of the small businesses in America pay less...make less than $250,000. Let me tell you who some of those other small businesses are: hedge funds that make $600 million, $800 million a year. That's, that's what they count as small businesses, because they're pass, through.

Joe Biden

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