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Joe Biden muddles middle-class tax policy, slams nation’s ‘trillionaires’
NY Post ^ | October 30, 2020 | Ebony Bowden

Posted on 10/30/2020 2:50:23 PM PDT by conservative98

Joe Biden railed against “trillionaires” in a speech Friday where he also vowed that middle-class Americans wouldn’t pay a penny more in taxes under his plan — despite wanting to eliminate President Trump’s tax cuts for the middle class.

During a 25-minute stump speech in Des Moines, Iowa, the Democratic nominee repeated his campaign pledge that Americans earning less than $400,000 a year would not see their taxes raised if he was elected president next week.

“I guarantee you, I give you my word as a Biden, no one making less than $400,000 a year will see a penny in their taxes raised. No one,” the former veep, 77, said to honks of approval from supporters at the “drive-in rally.”

“But I tell you what, it’s about time, the wealthiest people in America, the billionaires and trillionaires — um, the multi-billionaires,” he went on, trailing off when he realized his error.

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events; US: Iowa
KEYWORDS: bidengaffes; mywordasabiden; taxcuts; trillionaires
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There is currently no such thing as a “trillionaire.”

1 posted on 10/30/2020 2:50:23 PM PDT by conservative98
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To: conservative98
“I guarantee you, I give you my word as a Biden

That’s worth a flaming pile of dog poo...probably less.

2 posted on 10/30/2020 2:52:01 PM PDT by BookmanTheJanitor
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To: conservative98

The ones that come closest to being “trillionaires” are also idiotic supporters of Slow Joe. That and giant mega-corps that also are trying to foist this dementia-riddled idiot on us.


3 posted on 10/30/2020 2:52:27 PM PDT by Mr. Rabbit
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To: conservative98

Meanwhile, Trump’s signature 2017 tax cut has actually reduced the average tax liability by up to 12.5 percent for people earning between $15,000 and $20,000 a year, according to IRS numbers crunched by MarketWatch.

For taxpayers making between $40,000 and $50,000, that was a 14.5 percent drop.

Federal income taxes paid by New Yorkers also fell by nearly $3.4 billion, or 2.4 percent, according to one study released last month.

But Biden has publicly stated that he wants to do away with these tax cuts


4 posted on 10/30/2020 2:52:48 PM PDT by conservative98
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To: conservative98

Everybody’s a trillionaire in Zimbabwe. Which is what this country would turn into with Gropin’ Joe at the helm.


5 posted on 10/30/2020 2:52:50 PM PDT by Billthedrill
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To: conservative98

Joe has his eye on the Quadrillionaires too.


6 posted on 10/30/2020 2:53:24 PM PDT by Borges
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To: conservative98

A trillionaire, I guess he can’t mock millionaires anymore since he is one, thanks to his son, his brother who laundered money for him, and of course, the big guy


7 posted on 10/30/2020 2:54:21 PM PDT by Sarah Barracuda
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If I was a trillionaire, I would dedicate my life to building wal marts and section 8 housing with convenient bus routes from the city in hoity toity gated communities


8 posted on 10/30/2020 2:55:06 PM PDT by dsrtsage (Complexity is merely simplicity lacking imagination)
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To: conservative98

“If you like your doctor, you can keep your doctor.”

The morning paper said our effective tax rate, state plus fed, will go to 64% here. No thank you


9 posted on 10/30/2020 2:55:49 PM PDT by kaehurowing
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To: conservative98

He’s talking about when we have the equivalent of Zimbabwe Dollars here.


10 posted on 10/30/2020 2:57:16 PM PDT by kaehurowing
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To: All

Clear as a bell, a Freudian slip, taking about big-tech corporations, most of who are trillionaire, legal fiction, _persons_.


11 posted on 10/30/2020 2:59:42 PM PDT by veracious (UN=OIC=Islam; USgov may be radically changed, just amend USConstitution)
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To: BookmanTheJanitor

. . . at least you could use dog poo to fertilize a tomato plant. . . .


12 posted on 10/30/2020 3:04:11 PM PDT by RatRipper ( Democrats and socialists are vile liars, thieves and murderers - enemies of good and America.)
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To: conservative98

https://m.youtube.com/watch?v=odykbUTYLH4


13 posted on 10/30/2020 3:07:09 PM PDT by sam_whiskey (Peace through Strength.)
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To: conservative98

What’s a “trillionaire?”

Didn’t think that existed.


14 posted on 10/30/2020 3:08:22 PM PDT by proud American in Canada (In these trying times, "Give me Liberty or Give me Death!")
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To: Billthedrill

LOL! Exactly.


15 posted on 10/30/2020 3:09:02 PM PDT by proud American in Canada (In these trying times, "Give me Liberty or Give me Death!")
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To: conservative98

But that is a lie.

He already said he will remove Trump’s tax cuts. That will increase the taxes to those making below $400,000

But I bet he will later ‘clarify’ his comments by saying ‘Oh.. all this time I meant AFTER I remove Trumps tax cuts, then I will not raise the taxes any further’


16 posted on 10/30/2020 3:09:41 PM PDT by Toughluck_freeper
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To: conservative98

Most of the super-rich are for him.

Go figure.

Must be because they want to make a ton of money exporting our jobs and importing a cheaper workforce. (for the jobs that remain).


17 posted on 10/30/2020 3:10:17 PM PDT by desertfreedom765
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To: conservative98

His “word as a Biden” doesn’t mean $hit.


18 posted on 10/30/2020 3:11:27 PM PDT by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: Borges

On my bucket list...

1. Become a quadrillionaire!

(My cell wanted me to write quadriplegic but that is definitely not something I want).


19 posted on 10/30/2020 3:11:55 PM PDT by proud American in Canada (In these trying times, "Give me Liberty or Give me Death!")
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To: proud American in Canada
"1. Become a quadrillionaire!" Under the Democrats, your dream may become a reality.


20 posted on 10/30/2020 3:14:35 PM PDT by rightwingcrazy (;-,)
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