Fumble Numbers Biden is at it again. During a speech he delivered at the Cuyahoga Community College in Cleveland, Ohio, Joe Biden claimed that the business tax rate was already 28% (it’s at 21%). In comparison, he also advocated raising it to 28%.
Clueless is the only word to use for what Joe Biden knows about taxes and the economy. The business tax rate is currently 21%, and Biden wants to raise it to 28%.
In the video below, Maria Bartiromo has a great discussion with Grover Norquist on why the move by Biden to raise taxes is bad for business. The Americans for Tax Reform President Grover Norquist also pushed back on Treasury Secretary Janet Yellen’s ‘bizarre’ argument for raising corporate and capital gains tax rates: