Q Thanks, Karine. So, the President says that he wants to let the tax cuts — the Trump tax cuts expire. If that law expires, it does raise taxes on almost every American. So, does he still support that expiring without anything else in place?MS. JEAN-PIERRE: So, look, the — as you said, the President is going to allow — is going to — is — is going to let the Trump tax cut expire. And he was very clear. But he will not raise taxes on anyone making less than $400,000 a year. That is — that is part of the budget that you saw come out. And it’s going to expire for the wealthy. So, been very clear about that.You know, look, this is a president that’s going to make sure that we protect and not raise taxes for — for people making $400,000 and less a year.And — and Republicans want to do the opposite. They want to give tax breaks to corporations and billionaires. They’ve said that. They want to cut Social Security, Medicare, and Medicaid. Who does that hurt? That hurts everyday Americans.And so, the President has been really clear about that. He wants to expand Affordable Care Act, as you see him doing that, for Americans — making sure that they have good healthcare. And so, that’s what the President is — is going to focus on.Q But still, the President can’t pick and choose which part of the law sunsets. The entire law will sunset. And the — the Tax Foundation says that someone who’s married, two kids, making $85,000 would pay $1,700 more in taxes. That’s somebody under $400,000 who would —MS. JEAN-PIERRE: The President has been very clear. He’s going to protect working- — working- and middle-class Americans making less than $400,000 a year. He’s been very clear on th- — about that.
Despite repeating the word "clear," this is as clear as mud. The law is going to expire and everybody's taxes are going to go up.
But...Republicans.
3 comments:
But I thought you were hyper-focused on the danger of the national debt. (See: the Trump tax cuts.)
Look at the moron who thinks giving the government more money means the government will spend less and reduce the deficit.
Good thing Gavin gave you that $20 minimum wage, so you can give you "would you like fries with that" money to the Biden crime family.
Over $1.5 trillion of national debt has been added by the Trump tax cuts, so it's no wonder John MAGA Keynes here wants to change the topic to California Burger Kings.
But hey, trillion shmillion, let's extend those cuts. What's another $3.5 trillion of extended debt? Two-faced "fiscal conservatives" love to make special exceptions.
Another example: The cost of inflation makes them so furious... but watch them kneel down, open their slack jaws wide, and lovingly fellate Trump's proposed 2025 tariff war.
(But if that idiotically destructive policy plan were to come from the Biden White House...)
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