March 27, 2023

Biden Gets Fact Checked - Again

  • Executive, The Hill

By Jackson Kincaid

 

In Brief:

Joe Biden has used his Twitter account to spread lies and misinformation. Now, he’s been caught and fact-checked, and not for the first time.

The Background: 

Last year, President Biden’s Twitter was fact-checked even by CNN for dubious claims he made regarding Social Security. CNN called out Biden for taking personal credit for the increase when in fact, the increase was due to a law passed in the 1970s. Yet Biden insisted on taking credit for it.

This time Biden was busted flat-out lying to push his own agenda. 

"Look, I think you should be able to be a billionaire if you can earn it, but just pay your fair share," Biden's tweet read. "I think you ought to pay a minimum tax of 25%. It’s about basic fairness."

Yet back in February, the White House issued a fact sheet stating, "In a typical year, billionaires pay an average tax rate of just 8%."  And back in 2021, the Biden administration also stated that the tax rate was 8.2% for billionaires.

 

Notable Quotes: 

“I paid 53% taxes on my Tesla stock options (40% Federal & 13% state), so I must be lifting the average! I also paid more income tax than anyone ever in the history of Earth for 2021 and will do that again in 2022. Would be curious to hear how these other ‘billionaires’ are so good at avoiding taxes!” – Elon Musk

 

 

What do you think?