Biden’s Criminally Fuzzy Tax Math
Posted By: RockyTCB, 3/11/2024 6:05:22 AM
At one point during his State of the Union speech, President Joe Biden ranted about how billionaires don’t pay enough in taxes and asked the public to envision all the great things that we could do if the super-rich “paid their fair share.” In doing so, he took lying with statistics to a new, otherworldly level. Here’s what Biden said: THE PRESIDENT: You know, there are 1,000 billionaires in America. You know what the average federal tax is for those billionaires? AUDIENCE MEMBER: Zero! THE PRESIDENT: No. They’re making great sacrifices — 8.2%. AUDIENCE: Booo
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Biden’s Criminally Fuzzy Tax Math
9 replies
At one point during his State of the Union speech, President Joe Biden ranted about how billionaires don’t pay enough in taxes and asked the public to envision all the great things that we could do if the super-rich “paid their fair share.”
In doing so, he took lying with statistics to a new, otherworldly level.
Here’s what Biden said:
THE PRESIDENT: You know, there are 1,000 billionaires in America. You know what the average federal tax is for those billionaires?
AUDIENCE MEMBER: Zero!
THE PRESIDENT: No.
They’re making great sacrifices — 8.2%.
AUDIENCE: Booo
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