great questions from our audience. we wanted to get into the details of what you re calling the build back better plan. before we get into that, though, i just want to know, there s been a lot of negotiating going on behind the scenes, as i m sure you are very involved with. are you close to a done deal? no problems. all done. no, look, anderson, we ve been i ve probably spent well over 100 hours. this is a big deal. we have two plans. one is the infrastructure plan, roads, highway, bridges, buses, trains, et cetera. and the other one is what i call the care economy. it has a lot of money in there for environmental remediation as well as care economy. for example, you know, we want to get the economy moving but millions of women can t go to work because they don t have any child care. that kind of thing. so there s a lot of pieces in there. there s a lot that people don t understand. and by the way, all this paid for. every single penny. it s not going to raise one single
in decades. democratic leaders have less than two weeks to meet the new deadline that they themselves have said to agree on this sweeping plan. for weeks they ve been struggling to reach a deal. the stakes are certainly high for the president, for his party and for the nation. tonight president biden will take questions about his agenda directly from voters here in baltimore. everyone in this audience is vaccinated and masked per local regulations except when questioning the president. i ve been vaccinated as well, tested multiple times for covid in the past week, including today. so with that i want to welcome the 46th president of the united states, president joe biden. [ cheers and applause ] good to see you. so there s a lot to get to tonight, and we ve got a lot of great questions from our audience. we wanted to get into the details of what you re calling the build back better plan. before we get into that, though, i just want to know, there s been a lot of negotiati
by the way, ben, the bidens all hail from baltimore beginning in 1850. i don t know how the hell they kicked me out. but ben, what s your question? a study shows the top 5% of income earners pay 60% of the income taxes in this country. i hear you repeatedly say that the wealthy are not paying their fair share of income taxes. what is the percentage of income that you believe is fair? well, i think what s fair is that the present tax code, the highest tax rate is 35%. number one. okay? number two, you re in a circumstance where corporate america is not paying their fair share. and i come from the corporate state of the world, delaware. more corporations in delaware than every other state in the union combined. okay? now, here s the deal, though. you have 55 corporations, for example, in the united states of america making over $40 billion, don t pay a cent. not a single little red cent.
Enormous. but part of what i have in here is we also increased access to the affordable care act and we reduced the price an average of 60 bucks a month for anyone in the affordable care act plus on top of that we have another $300 billion of healthcare in it. so i would say this is a bigger darn deal. mr. president, thank you very much. appreciate your time. thank you very much. [ cheers and applause ]. we want to thank our audience for being here and for their questions. we also want to thank baltimore for hosting us. cuomo primetime starts right now. all right.
Because what he did wasn t enormous, he broke the ice enormous. but part of what i have in here is we also increased access to the affordable care act and we reduced the price an average of 60 bucks a month for anyone in the affordable care act plus on top of that we have another $300 billion of healthcare in it. so i would say this is a bigger darn deal. mr. president, thank you very much. appreciate your time. thank you very much. we want to thank our audience for being here and for their questions. we also want to thank baltimore for hosting us. cuomo primetime starts right now. all right. our thanks to anderson and