President Joe Biden, joined by Vice President Kamala Harris, arrives to deliver remarks on the passing of the bipartisan Infrastructure Investment and Jobs Act, Tuesday, August 10, 2021, in the East Room of the White House. (Official White House Photo by Adam Schultz)

Joe Biden repeatedly has pledged to raise taxes only on the affluent.

“I promise you, you have my word, if you make less than $400,000 a year, you won’t pay a penny more in taxes,” the president told voters in St. Paul, Minnesota on October 30, 2020. According to Americans for Tax Reform, Biden publicly expressed these or equivalent remarks at least 41 other times.

These are mere words to Biden. He is working furiously to send these 42 commitments up in smoke, quite literally.

Biden’s highly fluid, accounting-trick laden Build Back Better plan could wind up costing between $1 trillion and $5.7 trillion, once feuding Democrats choose from among their multiple personalities. If they ever organize themselves and pass this socialist monstrosity, it likely will include higher taxes on tobacco and vape products.

Tax Foundation

Read the rest from Deroy at Fox News.

Deroy Murdock is a Manhattan-based Fox News Contributor, a contributing editor with National Review Online, and a senior fellow with the London Center for Policy Research.

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11 months ago

Taxes are supposed to raise revenue; not coerce behavior.

11 months ago
Reply to  Sage

I’d been trying to show my agreement with your comment and this site doesn’t allow me to do
that !
Corruption, lies, censorship everywhere!!!!

carrol hoel
11 months ago

Taxes on the rich are passed on to the poor in the way of higher prices that they pay for whatever they buy. Our president and others have no idea or even care how business works. They are really smart or completely stupid. I can not determine which.

carrol hoel
11 months ago

Where did my comment go?

11 months ago
Reply to  carrol hoel

Probably to planet Mars … just like all the comments they don’t like !!!