President Joe Biden has announced he will raise “some taxes” in the budget he is proposing this week to Congress. Biden again claims no one making less than $400,000 a year will pay more taxes.
The federal government receives record amounts of revenue, but spends and borrows in ways that add to the astronomical and unsustainable $31 trillion debt. As The Wall Street Journal noted in an editorial, “The Internal Revenue Service recently released its income and tax statistics for 2020 and they show the top 1 percent of earners paid 42.3 percent of the country’s income taxes... a two-decade high in the share of taxes the 1% pay.” The president repeats the false claim that “the rich” aren’t paying their “fair share.”
Readers may email Cal Thomas at tcaeditors@tribpub.com. Look for Cal Thomas’ new book “America’s Expiration Date: The Fall of Empires and Superpowers and the Future of the United States” (HarperCollins/Zondervan).
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.