During a Tuesday speech in Michigan, Biden defended the Democrats' gargantuan budget by insisting people would see a non-existent tax cut.
With a bill that's close to 2,500 pages long, it's no surprise there's waste in there. What is surprising is how silly the waste is.
President Biden keeps on saying his tax plan will save middle-class Americans money. How much do you want to bet that's malarkey?
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'Unfortunately, Biden and his team have ignored, or sometimes celebrated, the violation of taxpayer privacy,' Sen. James Lankford said.
'It’s certainly not something you want. I would not say your average business out there has this. Something went wrong.'
The Democrats' proposal to tax tobacco products would target lower-income Americans, who make up the majority of tobacco users.
“A well-functioning tax system requires that everyone pays the taxes they owe.”
'Those comments blew us away,' LA Sheriff Alex Villanueva said. 'We are trying to keep our heads above water, and he goes and says that?'
'About three-quarters of middle-income households would face a tax increase averaging about $300,' a tax policy expert said.
“Taken together, it demolishes the cornerstone myth of the American tax system.”
If all $1.71 trillion in debt was forgiven, each of the 144.3 million taxpayers would be on the hook for a whopping $11,850.
Report: Biden's $6 Trillion Budget Calls for Controversial Retroactive Tax Increase Despite Warnings from Experts
Even with raising taxes among high earners, Biden's proposed budget would run a $1.8 trillion deficit in 2022.