President Joe Biden slipped up while he defended his proposed tax hikes by stating that “anybody” who makes less than $400,000 a year would not pay a “single penny” in federal taxes.
During an event in Virginia on Monday, Biden sought to address claims that he would raise taxes on people making less than $400,000 a year.
“The reason I’m bothering to do this is I keep hearing out in the press, ‘Biden’s going to raise your taxes,’” he said.
Biden added, “Anybody making less than $400,000 a year will not pay a single penny in taxes. And we will not increase the deficit, either, unlike the last gigantic tax cut.”
PRES. BIDEN: “Anybody making less than $400,000 a year will not pay a single penny in taxes.” pic.twitter.com/37GkyPeY1K
— Breaking911 (@Breaking911) May 3, 2021
Biden is asking Congress to approve roughly $4 trillion to overhaul the nation’s roads and bridges, combat climate change, improve the electric grid and water systems, and expand the social safety net. – READ MORE
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