It wouldn’t be a Democrat public speaking event with at least one constantly repeated lie about Former President Donald Trump during his time in office.
After all, the name of the game is politics so attacking your opponent is par for the course; that is completely understandable. But to attack Trump on arguably his single greatest contribution, a policy that enriched the American working and middle classes like never before, a piece of legislation that slashed the unemployment rate and boosted manufacturing (all backed up by data), seems like a missed opportunity for Joe Biden.
Joe Biden repeated a falsehood about the Tax Cuts and Jobs Act that Democrats have uttered so constantly since 2017 that you have to wonder whether the cognitively deficient president was lying or whether he’s convinced himself of the lie.
[source: The Washington Examiner]
Biden’s line: “Unlike the $2 trillion tax cut passed in the previous administration that benefited the top 1% of Americans, the American Rescue Plan helped working people — and left no one behind.”
.@POTUS: "Unlike the $2 trillion tax cut passed in the previous administration that benefitted the top 1% of Americans, the American Rescue Plan helped working people and left no one behind." #SOTU pic.twitter.com/LF5ta2QOew
— Andrew Bates (@AndrewJBates46) March 2, 2022
Did you notice how incredibly awkward and creepy Sen. Chuck Schumer is? The way he stood up to applause prematurely and that look on his face as he did so is truly what nightmares are made of.
Biden’s direct implication here is that the Tax Cuts and Jobs Act did not help working people. That is blatantly, objectively, and 100% false. Biden was probably lying, but it’s also possible that he and all his speechwriters are simply ignorant about what it’s like to be a working person.
The TCJA doubled the standard deduction and doubled the child tax credit, thus zeroing out federal income taxes for tens of thousands of low-income and middle-class people.
The lowest bracket of income earners in the United States saw a 100% tax cut from the bill. That is the single greatest “help to working people” any president has ever accomplished.
Every level of earner saw significant tax cuts, as the Tax Foundation showed. So, Biden was simply wrong on his central claim, and the data showing he was wrong was available and long known.
Biden’s indirect implication was that the TCJA only helped the 1%. Yes, wealthy people got large tax cuts from a large tax cut, but it actually shifted a greater share of the tax burden to the wealthy.
As the Tax Foundation explained, a lot of rich people got tax hikes: “The expansion of the standard deduction, elimination of taxpayer exemptions, and limitations on itemized deductions such as the $10,000 cap on state and local taxes (SALT) tended to reduce the average federal tax rate paid by the bottom 60 percent of households, but raised the average tax rate for the top 40 percent of earners.”
Biden got booed for his false attack on TCJA but mainstream media was no where to be found with their ubiquitous “fact-checking.”
Go Figure.
Author: Barbara Hutton
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