President Donald J. Trump: (
16:05)
Chris, let me just say something, that it was the tax laws. I don’t want to pay tax. Before I came here, I was a private developer, I was a private business people. Like every other private person, unless they’re stupid, they go through the laws, and that’s what it is. He passed a tax bill that gave us all these privileges for depreciation and for tax credits. We build the building and we get tax credits, like the hotel on Pennsylvania Avenue. Which by the way, was given to me by the Obama administration, if you can believe that. Now the man got fired right after that happened, but that’s-
Chris Wallace: (
16:40)
Vice President Biden, you want to respond?
Vice President Joe Biden: (
16:42)
Yeah, I do want to respond. Look, the tax code that put him in a position that he pays less tax than on the money a school teacher makes is because of him… He says he’s smart because he can take advantage of the tax code. And he does take advantage of the tax code. That’s why I’m going to eliminate the Trump tax cuts. And I’m going to eliminate those tax cuts.
President Donald J. Trump: (
17:06)
That’s okay.
Vice President Joe Biden: (
17:07)
And make sure that we invest in the people who in fact need the help. People out there need help.
President Donald J. Trump: (
17:13)
But why didn’t you do it over the last 25 years?
Vice President Joe Biden: (
17:16)
Because you weren’t president-
President Donald J. Trump: (
17:18)
Why didn’t you do it over the last 25 years?
Vice President Joe Biden: (
17:19)
Because you weren’t president and screwing things up.