“Remember, I got in trouble with some of the people on my team, on the Democratic side, because I said, you know, what I’ve found is rich people are just as patriotic as poor people. Not a joke. I mean, we may not want to demonize anybody who’s made money,” Biden told about 100 well-dressed donors at the Carlyle Hotel on New York’s Upper East Side, where the hors d’oeuvres included lobster, chicken satay and crudites.

“Truth of the matter is, you all know, you all know in your gut what has to be done,” Biden said. “We can disagree in the margins. But the truth of the matter is, it’s all within our wheelhouse and nobody has to be punished. No one’s standard of living would change. Nothing would fundamentally change,” he said.