In an interview with the Wall Street Journal, Vice President of the United States Mike Pence emphasized on Friday that "the strongest possible way" to stimulate the startup economy is to maintain existing tax rates. Speaking about Joe Biden's tax plans, Pence said that they "would thwart the recovery of the economy."
"Tax problems need to remain as low as possible - this is the best way to stimulate work," he added. With his comments, Pence joined the critics of President Biden's relatively reformed tax system.
"If Joe Biden is successful in his tax plans, it would thwart the recovery of the country's economy," the vice president noted.