Biden calls for middle-class tax hike
Washington Examiner [DC],
by
Timothy P. Carney
Original Article
Posted By: Dreadnought,
4/24/2024 9:09:31 PM
President Joe Biden has repeatedly said he won’t hike taxes on anyone earning less than $400,000, but then this week he promised on X to hike taxes on just about everyone.
Now, to be fair, Biden may not have understood that’s what he’s saying. Letting the Tax Cuts and Jobs Act expire and “stay expired” would be a massive middle-class tax hike because the Tax Cuts and Jobs Act was a massive middle-class tax cut. Yes, wealthy people also saw their taxes reduced by the TCJA, but the law actually shifted a greater portion of the tax burden onto the wealthy.
The TCJA doubled the child tax credit
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Reply 1 - Posted by:
hershey 4/24/2024 9:15:27 PM (No. 1705521)
Heh heh...when he opens his mouth he lies...it's a genetic flaw in democrats...they can't tell the truth...their genes won't allow it...
34 people like this.
Reply 2 - Posted by:
DVC 4/24/2024 10:53:20 PM (No. 1705540)
We already pay too much. No tax increases.
49 people like this.
Reply 3 - Posted by:
JimBob 4/24/2024 11:50:10 PM (No. 1705549)
What the HairSniffer says (that is, reads off his TelePrompter) and what his handlers DO..... bear no resemblance to each other. Has he EVER told the TRUTH.... about ANYTHING since he has been in office?
This whole administration is the worst combination of Evil and Incompetence that America has ever had to endure.
46 people like this.
Reply 4 - Posted by:
Nimby 4/25/2024 12:48:45 AM (No. 1705558)
He doesn’t deserve teh WH
13 people like this.
Reply 5 - Posted by:
Strike3 4/25/2024 3:15:50 AM (No. 1705573)
Biden can take a hike. The Grand Canyon is a nice place for a stumbling old pedophile to go walking.
14 people like this.
Reply 6 - Posted by:
Trigger2 4/25/2024 4:04:50 AM (No. 1705581)
Everytime Joey opens his fly trap, he lies, lies, lies. In a word, he doesn't deserve to be reelected not to mention his routine yellow bellied policies.
10 people like this.
Reply 7 - Posted by:
DiegoDude 4/25/2024 4:20:08 AM (No. 1705585)
Of course. We're the ones who are working, saving, living responsibly. Gotta pay for the slackers and illegals somehow.
19 people like this.
Reply 8 - Posted by:
Samsquanch 4/25/2024 4:45:00 AM (No. 1705594)
But wait, we were supposed to take his word as a Biden.
8 people like this.
Reply 9 - Posted by:
Muguy 4/25/2024 6:43:07 AM (No. 1705645)
Read his (NoBama/Hitlerly's) llips-- I WILL RAISE your taxes!!
This over spending of money that does not exist ramps up inflation to the point where many in the so called "middle class" are being financially DEMOTED down rungs from the upper to middle and middle to lower class due to 20% less buying power of wages earned.
His mind is so far gone he cannot even remember the propaganda stump speeches his handlers put in front of him. It strains the credulity and calls into question those who vigorously continue to support the corrupt old tyrant puppet.
9 people like this.
Reply 10 - Posted by:
Rumblehog 4/25/2024 7:19:24 AM (No. 1705664)
Gotta pay for his, already ruled as unConstitutional, 'Student Loan Debt Forgiveness' program.
Today's Demonrats HATE the American middle-class, unlike the Democrats of yore.
No nation prospers without first establishing a thriving Middle-Class. Instead the Federal Swine do everything in their power to destroy them.
12 people like this.
Reply 11 - Posted by:
Bur Oak 4/25/2024 7:25:57 AM (No. 1705672)
The middle-class has already had a massive tax increase via unrestrained government deficit spending with resulting 20% inflation. Joe Biden did that!
16 people like this.
Reply 12 - Posted by:
ronbet 4/25/2024 7:52:54 AM (No. 1705711)
Don't tell me; Joe Biden lied about this too?
6 people like this.
Reply 13 - Posted by:
Alecto2 4/25/2024 7:53:25 AM (No. 1705713)
How's that "no tax without representation!" working out for us?
4 people like this.
Reply 14 - Posted by:
Clinger 4/25/2024 7:56:33 AM (No. 1705715)
They rely on us not figuring out that a tax on the other guy finds it's way to us. That would be the case even if he kept the promise of only going after the $400K+. If the kid you pay $20 to cut your grass suddenly was taxed $5 do you think he'd still cut your grass for $20? If the low wage earners who currently pay no income tax were suddenly subjected to an equal flat rate across the board do you think they'd still come to work for their current wage? Or would the employer have to use his or her windfall from lower taxes to increase wages to achieve the same total risk/ reward/ supply /demand economic balance? It's all a scam my friends, a tax on your rich neighbor is a tax on you.
5 people like this.
Reply 15 - Posted by:
franq 4/25/2024 8:19:47 AM (No. 1705727)
"...pause..."
5 people like this.
Reply 16 - Posted by:
broken01 4/25/2024 8:22:16 AM (No. 1705730)
I am sick and tired of always getting the shaft just because I'm middle class. I work my butt off 40+ hours a week. I'm saving for my retirement and am financially responsible even under Bumbling Bidenomics. He can take his tax hike and shove it up his rear.
7 people like this.
Let’s not mince words. The Junta wants all of our money. Period.
6 people like this.
Reply 18 - Posted by:
udanja99 4/25/2024 9:15:22 AM (No. 1705750)
Stop oil drilling and exploration in Alaska so that gas prices jump 40 plus cents over the weekend and raise taxes on the middle class. Great election strategy there, Pedo Joe.
7 people like this.
Reply 19 - Posted by:
smokincol 4/25/2024 9:29:43 AM (No. 1705761)
and .... if he gets re-elected and the House goes demcommie and Senate gains more demcommies the country is finished
5 people like this.
Ask your tax advisor about the choice to use all of your lowest tax bracket for the next two years to pull money out of your 401k. I will be doing that, because it will never cost less to get it out.
2 people like this.
Reply 21 - Posted by:
Ashley Brenton 4/25/2024 9:42:04 AM (No. 1705768)
I just can't believe it is really Biden posting on X.
4 people like this.
Reply 22 - Posted by:
Zigrid 4/25/2024 10:29:34 AM (No. 1705805)
I think the Barack HUSSEIN Obama White House cabal are worried about losing the 2024 election...and are trying to get as much money out of Americans as they can....
3 people like this.
Reply 23 - Posted by:
Lawsy0 4/25/2024 3:36:53 PM (No. 1706004)
I still wonder who is the Biden puppet-master. It is just a waste of energy to detest the retarded F-head. Besides, there is always the term-limitation for which to look forward. Clearly Obama isn't that smart, but he is that evil. John Dean is smart enough, but probably every person in that group mistrusts Dean for one reason or another. I didn't know he was still living! Grampa would say, "A dog that brings you a bone, will carry away one of yours!"
1 person likes this.
Reply 24 - Posted by:
danu 4/25/2024 5:02:22 PM (No. 1706051)
how? o'bozo murdered the middle class.
0 people like this.
Reply 25 - Posted by:
watashiyo 4/25/2024 5:37:05 PM (No. 1706066)
Tax the RICH! Now, it's the middle class? And where's the money going? To subsidize the war and the climate change hoax? Democrats, Amerika's enemy number 1.
0 people like this.
Reply 26 - Posted by:
Heraclitus 4/25/2024 6:54:16 PM (No. 1706120)
Correct, #17... and they've got their greedy, lascivious eyes on retirement funds and investments, and also taxing everything you own.
0 people like this.
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