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Biden Claims ‘Inflation Reduction Act’ Won’t Increase Middle Class Taxes, but Congress Disagrees

No one earning less than four hundred thousand dollars per year will pay a penny more in federal taxes,” Biden claimed. 

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Joe Biden left his vacation in South Carolina and made a brief return to the White House today to sign the interestingly named $740 billion “Inflation Reduction Act” spending bill, which several nonpartisan experts have revealed will have little to no impact whatsoever on the ongoing inflation crisis – into law.

Speaking to the American people, Biden pledged to keep his campaign “promise” that the middle or lower class would not pay more in taxes as his administration and Democrat counterparts in the legislature target wealthy Americans who, they claim, don’t apparently pay their fair share.

“I’m keeping my campaign commitment. No one, let me emphasize. No one earning less than four hundred thousand dollars per year will pay a penny more in federal taxes,” Biden claimed.

Despite claims made by the Biden administration and supportive Democrats, the nonpartisan Congressional Budget Office (CBO) has reported that Americans who make less than $400,000 will now pay an estimated $20 billion more in taxes over the next ten years as a direct result of Biden’s law, which they also noted will have a “negligible” impact on inflation.

The new law spends $369 billion to “fund energy and climate projects aimed at reducing carbon emissions by 40% in 2030,” confusing some as to why it was named “Inflation Reduction Act,” as it appears to be largely based on climate change — an issue entirely unrelated to the extreme rise in general costs and the now-confirmed recession.

The bill creates a minimum 15% corporate tax rate for large corporations and also sets aside $80 billion to hire 87,000 new armed IRS special agents, which they claim will prevent the wealthy from cheating their taxes.

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However, Valiant News unearthed the 2021 IRS annual report which depicted heavily armed IRS-CI special agents simulating assaults on urban and suburban homes at training facilities in Georgia and field offices throughout the country.

No where in the report did it depict the IRS forces training to raid the large homes of millionaires.

During the bill signing, Biden took off his face mask and immediately began coughing into his hand before shaking several Democrat hands in a moment that quickly went viral on social media, Valiant News reported.

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Written By

Andrew White is a Northern Virginia native. His work has been previously featured on Alex Jones’ Infowars, Revolver News, and The Liberty Daily. White is a constitutionalist Patriot, who focuses on social issues, election integrity, globalism, US politics, as well as general corporate and government corruption.

3 Comments

3 Comments

  1. Avatar

    JOHN MAYOR

    August 17, 2022 at 3:14 pm

    Jesus Loves you Joe!… and God is preparing your successor! God is about to “clear the swamp”!… the TRUE SWAMP!

    • Avatar

      Nancy Fielden

      August 21, 2022 at 5:29 pm

      𝐈 𝐚𝐦 𝐦𝐚𝐤𝐢𝐧𝐠 $𝟏𝟔𝟐/𝐡𝐨𝐮𝐫 𝐭𝐞𝐥𝐞𝐜𝐨𝐦𝐦𝐮𝐭𝐢𝐧𝐠. 𝐈 𝐧𝐞𝐯𝐞𝐫 𝐢𝐦𝐚𝐠𝐢𝐧𝐞𝐝 𝐭𝐡𝐚𝐭 𝐢𝐭 𝐰𝐚𝐬 𝐡𝐨𝐧𝐞𝐬𝐭 𝐭𝐨 𝐠𝐨𝐨𝐝𝐧𝐞𝐬𝐬 𝐲𝐞𝐭 𝐦𝐲 𝐜𝐥𝐨𝐬𝐞𝐬𝐭 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐨𝐧 𝐢𝐬 𝐞𝐚𝐫𝐧𝐢𝐧𝐠 $𝟐𝟏 𝐭𝐡𝐨𝐮𝐬𝐚𝐧𝐝 𝐚 𝐦𝐨𝐧𝐭𝐡 𝐛𝐲 𝐰𝐨𝐫𝐤𝐢𝐧𝐠 𝐨𝐧 𝐭𝐡𝐞 𝐰𝐞𝐛, 𝐭𝐡𝐚𝐭 𝐰𝐚𝐬 𝐭𝐫𝐮𝐥𝐲 𝐬𝐡𝐨𝐜𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐦𝐞, 𝐬𝐡𝐞 𝐩𝐫𝐞𝐬𝐜𝐫𝐢𝐛𝐞𝐝 𝐦𝐞 𝐭𝐨 𝐚𝐭𝐭𝐞𝐦𝐩𝐭 𝐢𝐭 𝐬𝐢𝐦𝐩𝐥𝐲 ,

      𝐂𝐎𝐏𝐘 𝐀𝐍𝐃 𝐎𝐏𝐄𝐍 𝐓𝐇𝐈𝐒 𝐒𝐈𝐓𝐄—->>> 𝗪𝘄𝘄.𝗛𝗼𝗺𝗲𝗖𝗮𝘀𝗵𝟭.𝗖𝗼𝗺

  2. Avatar

    brett short

    August 23, 2022 at 6:03 pm

    Does this war criminal Biden have a mental problem? Why does he have to LIE so much? The bastard needs to be taken out as fast as possible. The SOB never worked a day in his miserable life, always on “vacation” hiding in his basement in Delaware. What a foon. Biden is lazy, not like the dynamo Trump who was always WORKING for the little people!

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