January 29, 2024
Bidenites invoke Alinsky, sow orchestrated division between the ‘haves’ and the ‘have-nots’
By Jack Hellner
Every day we see a lot of fictional “information” put out by the media, Joe Biden, and all the other Democrats, which intentionally serves to mislead the public to infect the United States with their radical agenda to remake (destroy) America.
One lie that Biden repeatedly says is that billionaires pay an average tax rate of 8% which is less than average Americans. The lie is meant to gin up class hate and division. From RedState:
Biden Again Claims Billionaires Pay 8 Percent in Taxes — It’s Nonsense, and Wealthy Democrats Know It
And here is factual information on tax rates for 2020: the top 1% of income earners paid an average of 26% and the bottom 50% of earners paid an average of 3.1%.
So where does Biden get his fictional rate? He gets it from government bureaucrats at the Office of Management and Budget who use a made up denominator to calculate the tax rate. They pretend that billionaires should pay tax on unrealized gains and that they can calculate those gains. From CBS News:
https://www.americanthinker.com/blog/2024/01/bidenites_invoke_alinsky_sow_orchestrated_division_between_the_haves_and_the_havenots.html