Jorge Castro was quoted on the potential for tax increases should former Vice President Joe Biden win the U.S presidential election. Biden has proposed raising taxes on high-income people and businesses prompting them to consider how they will be affected by any tax changes. Castro, who served on the 2008 Obama-Biden Presidential Transition Team said that, "[a] lot of businesses and stakeholders, particularly the more sophisticated ones, are definitely actively assessing what the proposals could mean for them and their business."