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President said the tax system ‘is not fair’ in SOTU. Is Biden right?

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A happy family of four walking along a trail in the woods.

The U.S. tax code has long been the subject of criticism. For years, many advocates have argued that wealthy taxpayers and large corporations get away with avoiding taxes while hard-working average Americans – those with little money in their savings accounts – get stuck forking over a large share of their income to the IRS.

If you think the U.S. tax system is unfair, guess what? Our president agrees with you. And in his recent State of the Union address, he pledged to tackle that issue to ensure that the wealthy pay their share and that moderate earners aren’t unduly burdened.

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