Bribed Joe's Discussion of Billionaire Tax Rates Is a Lie He's Been Telling for Years

Bribed Joe's Discussion of Billionaire Tax Rates Is a Lie He's Been Telling for Years

Bribed Joe has been repeatedly called on this lie by fact checkers but 'last night he trotted it out once again. Here's Biden's bogus claim about what billionaires pay in taxes.'

Bribed Joe claims that rich folks pay less taxes that middle and working class folks. Now I don't give a damn if Dems want to raise taxes on the rich privileged Gentry, they nearly all Leftists, that support all this spending, vote for the folks that push for more of it, so tax the hell out of them, what do I care? But, I'll call out Bribed Joe's lying, all the same:

Bribed Joe, who pays no taxes on his bribery income, whose own son is under indictment for not paying taxes, who wrote off his sex club membership as a business expense is using a made up measure for "income" not the measure of income that everyone pays taxes on.

In America, while your investment is as risk, it can go up, and it can go down, at the final state is not known, until you cash out, at which time you declare the gain or the loss. What Bribed Joe is doing, to support his lie, is claiming that unrealized gains are "income" and taxes are not being paid on it, and that's because it's not taxable income.

Now Bribed Joe and the rest of the Bribed Bidens should be declaring their bribery income and paying taxes on it, but they are not. They pretend that that the bribes are "loans" and therefore not taxable income. And since their name is not Trump, they will likely get away with this.

Another thing, if Bribed Joe was being consistent, and he isn't because he is a liar, his goal is to mislead, not inform, if he wants unrealized gains counted as income, then he should also be counting the increase in the value of middle class homes and 401k's as income as well, when he makes the comparison, but of course he doesn't, because he is a liar that communicates in falsehoods.



'Up above is a chart from that Treasury Department analysis. As you can see, the bottom 40% not only don't pay income taxes (the red line), they are actually receiving money from the government (shown as negative taxes). And the top 1% of earners are paying more than anyone else, around 23% in income taxes. If you include corporate income taxes (many in the top 1% own businesses) then the total federal tax rate paid by the top 1% is around 31.5%. There is no teacher, sanitation worker or nurse who is paying that amount.'

'He was fact-checked repeated on this same claim including when he used it in last year's State of the Union. Here's FactCheck.org from last February:'

So, it's not only a lie, it's a retread.

the Washington Post pointed out in January that Bribed Joe has told this lie 'about billionaires and taxes more than 30 times:'

He's pathetic, desperate, angry and dipping into Hunter's stash just made him more frantic, not more truthful.

Please discuss.

 

If anyone bothered to track Brandon's lies the way they do trump, brandon would have been run out of the chamber last night.

He lied about the economy, the debt, taxes and ......... well, just about everything else.

 

Well said. Joe doesn't seem to grasp we pay tax on income not possessions.

 

Every time I hear politicians (and their flock) say corporations and rich people need to pay their fair share of taxes I almost puke.

 

Not much to discuss. Biden is just continuing a decades long tradition of incessantly pulling professed statistics out of their behind to match their agenda of blaming the rich and their abetting Republicans for everybody's woes.

 

Yep, we've seen this movie many times.

 

Except that the Rich mainly vote Democrat, so, go ahead and raise their taxes.

Trump raised their taxes with SALT and they have been screaming ever since. I dare them to raise taxes on the Privileged Gentry, in fact I demand it.

And where their tax hikes will impede economic growth and reduce tax collections, I demand off setting spending cuts.