BIDEN LIES: Taxes Edition | News | Donald J. TrumpTEXT TRUMP TO 88022Skip to main contentContributeShopMissionNewsAgenda47IssuesEventsJoinContributeShopBack to NewsBIDEN LIES: Taxes EditionJune 26, 2024FacebookTwitter BIDEN LIE: "I made a commitment when I got elected and I kept it — no one earning less than $400,000/year ... will pay an additional penny in federal tax." Biden has *already* raised the tax burden on Americans earning as little as $20,000/year, according to the Joint Committee on Taxation — while Biden's so-called "Inflation Reduction Act" decreased the "average after-tax income for taxpayers" at every income level. Americans earning less than $200,000/year saw their taxes rise by $16.7 billion in 2023. BIDEN LIE: President Trump's middle-class tax cuts "overwhelmingly benefited the wealthy." President Trump’s successful tax cuts lowered taxes for Americans in every income bracket — equaling an average tax cut of $1,260 in 2018, when nine-in-ten Americans saw their take-home pay INCREASE. Americans' real median income grew by $5,000 in both 2018 and 2019. Crooked Joe Biden has promised President Trump's middle-class tax cuts will be "dead forever" if he wins — which would mean a $2 trillion tax hike on middle-income families. BIDEN LIE: "Taxes on small businesses won't go up." Crooked Joe Biden has already raised taxes on small- and mid-sized family businesses. Biden passed a $52 billion tax hike by "widening the net of taxable income," ramped up IRS audits on small businesses and families, and complicated tax reporting requirements — all leading to higher operating costs. Now, Crooked Joe is doubling down by proposing the largest tax hike in American history, including a marginal income tax rate hike, a higher business tax rate than communist China, and a pledge to end President Trump's tax cuts — which allows small businesses to deduct a percentage of their qualified business income. BIDEN LIE: "We've done all this without raising anybody's taxes!" Crooked Joe Biden's billions of dollars in tax hikes have hit virtually every American — and that doesn't include the hidden tax of inflation, which has cost the average family an extra $25,920 paying for the increased cost of living since Biden took office. Now, Crooked Joe wants trillions more. Crooked Joe Biden's record is indefensible — so all he can do is LIE, and that's exactly what he is going to do on Thursday night.Join Our MovementEmail *Zip * Follow UsGo to Truth Social PageGo to Rumble PageGo to Twitter PagePaid for by Donald J Trump for President 2024, Inc.Privacy PolicyTerms & ConditionsPressCareersPowered by NucleusThe appearance of U.S. Department of Defense personnel or other visual information does not imply or constitute DoD endorsement.$20.24$47$100$250$500OTHERpopup2I'll never stopFighting for you!Contribute Today:Contribute Today:$20.24$47$100$250$500OTHERpopup2
