Fact-Checker Rips Biden for False Claim About Trump’s Tax Cuts | NTK Network Fact-Checker Rips Biden for False Claim About Trump’s Tax Cuts

Fact-Checker Rips Biden for False Claim About Trump’s Tax Cuts

During an event in Pittsburgh, Biden claimed “all” of the GOP/Trump tax cuts went to the wealthy and corporations. The Washington Post disagrees.

By NTK Staff | 05.01.2019 @11:00am
Fact-Checker Rips Biden for False Claim About Trump’s Tax Cuts

In his first public event since announcing his candidacy, former Vice President Joe Biden told a whopper that kept fact-checkers at the Washington Post busy. Speaking to an audience in Pittsburgh, Biden claimed that the Trump/GOP tax cuts that were signed into law in 2017 went entirely to the rich and to corporations.

But that’s “simply wrong,” according to the Washington Post, who called out Biden for the false statement.

Here’s what Biden said on Monday:

“There’s a $2 trillion tax cut last year. Did you feel it? Did you get anything from it? Of course not. Of course not. All of it went to folks at the top and corporations.”

To claim that “all of it,” meaning all of the tax cuts, went to the wealthy and corporations is an outright falsehood. Here’s how the Washington Post explains how the tax cuts worked in 2018:

[W]hen both the Joint Tax Committee and the Tax Policy Center looked at the impact of the tax bill, they concluded that in 2018, most people would see an overall reduction in taxes. The Tax Policy Center found that 80.4 percent of all taxpayers would have a tax cut, compared with about 5 percent experiencing a tax increase. In the middle quintile, 91 percent would get a tax cut, averaging about $1,090, with 7.3 percent facing a tax increase averaging about $910.

In terms of just individual tax cuts — which we should consider given that Biden was addressing union workers and other campaign supporters — the Tax Policy Center found 65 percent of taxpayers would get tax cuts. In the $50,000 to $75,000 range, 82 percent would get tax cuts, with people who got a tax cut ending up with an average of almost $1,000.

The fact-checkers at the Washington Post gave Biden their harshest rating, four Pinocchios, because he “asserts that no Americans but those at the top received any tax cut in 2018, which is clearly false. Most Americans received a tax cut. They may not have noticed it, but that’s no excuse for saying they never got one.”

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