Despite making numerous claims that his proposed tax hike will only affect Americans earning more than $400,000, analysts now believe President Biden’s policy could impact those making $200,000 per year.
“Anybody making more than $400,000 will see a small-to-a-significant tax increase,” Biden said during an interview on ABC’s “Good Morning America” that aired Wednesday. “You make less than $400,000, you won’t see one single penny in additional federal tax.”
“Jen Psaki clarified on Wednesday that Biden’s proposed $400,000 threshold for tax increases applies to families, rather than individuals, meaning the hike could hit individuals who earn $200,000 a year if they are married to someone who makes the same amount,” reports Fox News.
“He meant families,” said Psaki.
Psaki says Biden’s proposed tax hike applies to families making over $400K https://t.co/3zB7J1wzxe @MorningsMaria @FoxBusiness
— Maria Bartiromo (@MariaBartiromo) March 18, 2021
President Biden has already called for $4 trillion in new spending on programs like CoVID relief and the Green New Deal.
Read the full report here.
BIDEN in NEW HAMPSHIRE: ‘What You Do Here in Iowa is Going to Set the Tone’
Former Vice President Joe Biden left audience members scratching their heads in New Hampshire over the weekend; confusing the northeast state for Iowa -approximately 1,000 miles away.
“The primary race for the United States presidency… You have an incredible obligation, not to me at all, but to yourselves. What you do here in Iowa […] is going to set the tone,” said Biden before correcting himself.
“New Hampshire, the primary in New Hampshire,” he added.
Joe Biden says he is in Iowa when he is actually in New Hampshire.
Iowa and New Hampshire are 1,000+ miles away from each other.pic.twitter.com/Fh3Nl02fde
— Tommy Pigott (@TCPigott) December 8, 2019
Biden made a similar mistake earlier this year; confusing New Hampshire for the neighboring state of Vermont.
“I’ve been here a number of times…I love this place. Look, what’s not to like about Vermont in terms of the beauty of it?” Biden told reporters.
Biden, who is in New Hampshire, thinks he is in Vermont
At some point, the media is going to have to stop calling this "gaffes" https://t.co/Dhno1WN2rU
— Ryan Saavedra (@RealSaavedra) August 24, 2019
BIDEN in PENN: ‘Rapid Results Testing Contract, Contract Contact Tracing, Widely Available Personnel!’
Former Vice President Joe Biden continued his gaffe-filled campaign at a speaking event in Pennsylvania Wednesday; bizarrely stating the country needs “contract tracing capacity widely available personnel.”
“Here comes the rapid results testing Contract Contract Contact Tracing Capacity, widely available personnel protective equipment,” said Biden.
Must have been a typo on the teleprompter. pic.twitter.com/45snKpw8RM
— Benny (@bennyjohnson) June 17, 2020
Watch Biden’s comments above.