Candidate Joe Biden promised America that if elected he would not raise taxes on people who earn less than $400,000. It was a big part of his campaign message.
He continued saying it after he was sworn in.
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Most people with a triple-digit IQ did not take him at his word. After all, he is a Democrat and Democrats lie. Conservatives and people who can be honest about such things looked at his agenda and knew that besides much of it being undoable and destructive for our economy, the cost of his ambitions was unsustainable. They knew from the outset that Biden was going to raise taxes.
Most Americans in that triple-digit IQ category have already caught on to the go-to lies of the Democrats who say they want the rich to pay their fair share. By now, most people know that the top wage earners pretty much pay all the income taxes collected by the federal government with the bottom wager earners paying nothing. Even more, many of them get a refund after paying nothing with the earned income tax credit with Head of Household status, etc.
People knew that President House Plant was lying and that he would raise taxes on the middle class to pay for programs that would either harm their lifestyle by forcing them to make choices for themselves and their families that they never had to consider under the previous administration or they would end up paying for programs they knew they would never benefit from. Never forget that if you are middle-class, the Democrats spend your money to buy votes from other people.
Then less than two months into his administration, the New York Times did a report that proved conservatives and other triple-digit IQ Americans were right all along that Joe Biden was already finding ways to increase taxes on people who earned under $400,000 a year.
We reported in April that Biden’s string holders were already at work tweaking his tax plan to include people earning under $400,000 by saying married couples whose combined income goes over $509,300 a year are subject to Biden’s higher tax rate. That means if neither spouse earns $400,000 a year, and if they file married jointly and their combined earnings go over $509,300, they were hit with the higher tax.
And now that President Bag of Lint has officially presented his budget, it seems that the old man’s promise has been rewritten again making it the second time Biden broke the same promise. Maybe White House press secretary Jen Psaki will say Biden told America he would raise everyone’s taxes and that it’s not his fault we couldn’t understand him when he said, “Mofappa meffifee, come on, man.”
On Thursday, the Times reported the Biden’s ginormous new budget would take the United States to its highest levels of federal spending since World War II.
Biden went big and proposed a $6 trillion spending nightmare and when you add the stimulus plan and the infrastructure plan and the American Family Rescue plan he’s asking for $12 trillion in new spending. It will crush our economy.
A spending agenda that big will absolutely require raising taxes, and the Times recognized it noting that the Biden plan incorporates raising taxes on corporations and top wage earners.
Again, the triple-digit IQ folks know right off the bat that you can take 99 percent of earnings from the top wage earners and still not make a dent in covering that bill. The Times even noted that the Biden administration said that their “jobs and families plan would be fully offset by tax increases over the course of 15 years.”
Okay, so where is all that extra money going to come from? Did Biden plan on asking Donald Trump for his magic wand? He would never be able to figure out how to use it, anyway.
The Times piece disclosed what was written in the documents and it details tax increases for all income levels. Ta da! We told you so.
“The documents forecast that Mr. Biden and Congress will allow tax cuts for low- and middle-income Americans, signed into law by President Donald J. Trump in 2017, to expire as scheduled in 2025,” the Times reported. “Mr. Biden has said he will not raise taxes on people earning less than $400,000 a year. It is possible that he could propose to extend the Trump tax cuts for those earners in a future budget, potentially coupled with additional tax increases on high earners or businesses.”
That was the Times running cover for a POTUS House Plant who will sign anything his progressive handlers put in front of him. At this time there are no words written, spoken, or otherwise, that indicate that any such idea of extending Trump’s tax cuts is even being hinted about in the Biden White House. The Times just made it up.
Republicans are worried that Biden’s spending at this point in time, during a COVID recovery and an inflationary cycle, is going to destroy the middle class, which is the backbone of activity in this country. The Democrats have always hated the middle class regardless of what they’ll tell you. They believe the middle class should be used to do all the things that make their lives happy and they hate when middle-class Americans do well. It’s why they lie every time they say they want to do something to help them. Ronald Reagan once said, “The nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’”
House Ways and Means ranking Republican Kevin Brady (Texas) said, “President Biden’s budget blunder sets us up for an even worse economic recovery than the Obama-Biden record of the slowest in history,” the Times reported. “Lower- and middle-income families are already suffering under the stealth tax of higher prices. Now the president wants their income taxes to go up as well.”
