If you are to vote for Joe Biden in this presidential election, you must believe a lot of misrepresentations.
Begin with taxation. The Biden campaign vows to raise taxes, but not on any families making less than $400,000 a year.
But the math doesn’t work. Taxing the hated Top 1 Percent into oblivion, both by raising their income taxes and taxing their accumulated wealth, doesn’t put a dent in this nation’s over-spending habits, which only can be expected to increase under a Harris-Biden administration.
The United States budget deficit for fiscal year 2020, which ended at the conclusion of September, was $3.3 trillion according to the Congressional Budget Office (CBO) not some partisan organization.
We got there by spending $6.6 trillion on revenues of $3.3 trillion. Part of this unarguably was to be blamed on COVID-19 over-reactions, but even before that, the deficit was nearly $1 trillion in fiscal year 2019.
Spending by the federal government will only increase if the Democrats take control of all three branches of the government, witness Biden and his endorsement of AOC’s Green New Deal, House speaker Nancy Pelosi’s goal of bailing out all failing Blue states and cities with massive federal handouts, and various other promises of transferring money from the “wealthy” to the “non-wealthy.”
But we won’t even factor that likelihood of vastly increased spending by Democrats into our calculus. Let’s just presume continuing $3-trillion deficits.
In 2017, the last full tax year for which the Internal Revenue Service has provided tax breakdowns, the much-maligned “Top 1 Percent” of taxpayers earned $515,371 or more per year in Adjusted Gross Income.
So, if Biden is looking at a $400,000 cutoff, he’s dipping well below the Top 1 Percent. That’s just for starters in terms of half-truths and deceptions.
Already those Top 1 Percent paid more in taxes in the 2017 tax year than the BOTTOM 90 PERCENT COMBINED. The total tax contribution of that Top 1 Percent was $616 billion.
To clear the budget deficit annually these days, you’d need to raise the tax rate on the Top 1 Percent FIVE TIMES! That isn’t happening, even under the most draconian Biden proposals.
So, where would the revenue be made up? By raising taxes on the bulk of the nation, the middle class.
That’s the reality, which you will soon learn should Biden’s Blue Wave hit the shores in coming days, or weeks.
Another untruth of the Harris-Biden crowd is that Joe will bring us together. Note, they don’t say Kamala will bring us together, which is an uncharacteristic concession to reality.
Back to Joe Biden. Near the end of October, he fell into line with previous Democratic presidential candidates by stereotyping those who oppose him with a derogatory term. In Biden’s case, he called Trump supporters at an event in my home state of Pennsylvania “chumps.”
Hillary Clinton previously had called Trump supporters a “basket of deplorables.” Elaborating on that, Clinton had said they are “racist, sexist, homophobic, xenophobic, Islamaphobic – you name it.”
Don’t forget Obama previously referring to those who would not kiss the hem of his robe as being “bitter” and “clinging to guns and religion.”
This sort of judgmental, holier-than-thou sentiment is shared by Democrats and will not result in bringing this country together no matter how many times this is promised and how many of the brain-dead among the voting populace are willing to believe it.
Along that line, we also are told ad nauseam that we can trust Biden, a man who changes his positions on key issues about as often as the average person changes underwear.
If you are to be willing to trust Biden, you must believe he really knew nothing about son Hunter profiting from the family name, as has been evidenced by a key whistleblower witness providing ample documentation.
You similarly must believe Biden will not be a slave to left-wing interests, even though his positions noticeably have skewed left as he sought first to put down the Bernie Sanders primary campaign, and then to solidify his base among a Democratic Party that is in a hard rush to the political left.
A cousin of mine, since gone to his eternal reward, used to muse about the general population. His take: About 10 percent get it and the other 90 percent stumble along in blissful ignorance.
He might have been a bit off in his percentages, but the sentiment rings true. An uncomfortably large percentage of the population cannot exercise critical thinking, cannot separate truth from deception, cannot make difficult choices without calculating how much they’re going to get out of it even at the expense of others.
On that base rests Biden’s campaign. Delusion. Denial. Divisiveness.