When you’ve spent nearly your entire adult life as a career politician who advocates for big government spending and massive tax hikes to cover the costs of those bloated programs, you’re the very last person who needs to be spouting off a lecture about how you’re “sick of ordinary people being fleeced.”
And yet that’s exactly what President Joe Biden did earlier today during a speech he gave where he defended his call for raising the corporate tax rate from 21% to 28% in order to pay for his over-$2 trillion infrastructure plan that in reality is light on actual infrastructure and heavy on Democrat pet projects (much like Democrat COVID “relief” bills).
In a rambling speech where his voice at times went down to a whisper, Biden – who has been in politics for five decades – criticized his Republican opposition, and said that contrary to what was being said about his plan that he was “not trying to punish” people but that he was “sick and tired of ordinary people being fleeced”:
Biden slammed former President Donald Trump’s corporate tax rate cuts, which he said mostly benefited the ultra-wealthy.
“I didn’t hear anybody hollering in this recovery, so-called, before I became president, this k-shaped recovery. … Where is the outrage there?” Biden said in a White House speech. “I’m not trying to punish anybody. But damn it, maybe it’s because I come from a middle-class neighborhood, I’m sick and tired of ordinary people being fleeced.”
President Biden: "I'm not trying to punish anybody. But, damn it… I'm sick and tired of ordinary people being fleeced." pic.twitter.com/CTUTpF2LXo
— The Hill (@thehill) April 7, 2021
So, he’s going to help the little guy by … hiking the corporate tax rate, much of which he knows will, of course, be passed on down to the consumer in some way — and in the middle of a pandemic when so many are still struggling?
". . . so I'm proposing legendary spending that will fleece ordinary people for decades."
— Platimus (@SWGaspar) April 7, 2021
That doesn’t even take into account what he did to the working man the moment he was sworn into office (and is still doing to this day):
He drives up gas prices, eliminates good paying jobs, floods the country with impoverished immigrants to drive down wages and spends trillions we don’t have. Wait until you see his tax increases before you decide who is fleecing who. https://t.co/L8wdlLjxbd
— WinstonSmith (@BackporchBobcat) April 7, 2021
Hey, Mr. President, not all of us can lay claim to having a famous and politically connected father who can get us cushy $80,000/month jobs, you know.
Like pressing to cancel all-star game that hurt small businesses all over Atlanta? Killing Keystone XL jobs? outrages like that? https://t.co/365rcRgP3F
— James Jay Carafano (@JJCarafano) April 7, 2021
And, say, why not come up with an infrastructure plan that could use the tax money we’re already paying to the federal government instead?
So the 40% of my paycheck I currently donate to the government doesn’t cover infrastructure? Grandpa and an 80’s Civics class said it did. How about properly managing what we already contribute? Asking too much?
— TSPearson (@BGPearsons) April 7, 2021
Yes, apparently that is indeed asking too much. It’s also apparently too much to ask that officials in this administration including the President have a basic understanding of economics. Oh well.
(Hat tip: Twitchy)