During an ABC town hall Thursday night, Biden said about $1.3 trillion of Trump's $2 trillion tax cuts went to the top one percent of earners and he only wants to repeal the tax breaks for the wealthiest of Americans.

"That's what I'm talking about eliminating, not all the tax cuts that are out there," Biden said.

ABC's George Stephanopoulos asked Biden if it was "wise" to raise taxes when the economy is weak right now amid the coronavirus pandemic.