Joe Biden’s Presidency is on the rocks.
He called on Barack Obama to help sell his agenda to the American people.
But Barack Obama just admitted on ABC that Washington, D.C. is a cesspool of corruption.
When Barack Obama was first elected President in 2008, he had an overall net worth of roughly $1.3 million dollars, which is modest compared to most establishment politicians.
However, since leaving office, Barack Obama used his name to cut massive deals with Netflix and other online video platforms.
Even though Barack Obama doesn’t have any real discernible skills or talents, like a lot of establishment politicians, he’s still able to rake in big bucks after leaving office.
During a recent interview with ABC, Obama tried to sell Joe Biden’s $3.5 trillion socialist spending bill to the American people.
And despite the fact that the bill includes one of the largest tax hikes in American history, Obama lied and claimed that the tax increases were only a small price to pay for passing the socialist spending bill.
“I think the ‘Build Back America Program,’ the package is something that America desperately needs. You’re talking about us stepping up and spending money on providing childcare tax credits, making those permanent to help families, who for a long time have needed help when it comes to things like childcare. You’re looking at making our infrastructure function more efficiently and effectively. You’re talking about rebuilding a lot of buildings, roads, bridges, ports so that they are fortified against climate change. And also, that we start investing in the kinds of energy efficiency that’s going to be required to battle climate change,” Obama began.
Obama then falsely claimed that only millionaires and billionaires like him would bear the brunt of this tax increase.
“I think that they can afford it. We can afford it. I put myself in this category now. I think anybody who pretends that it’s a hardship for billionaires to pay a little bit more in taxes so that a single mom gets childcare support or so that we can make sure that our communities aren’t inundated by wildfires and floods and that we’re doing something about climate change for the next generation, you know, that’s an argument that is unsustainable,” Obama added.
Of course, this is patently false.
During the 2020 Presidential campaign, Joe Biden promised not to raise taxes on anyone making under $400,000 per year.
But this was a deception, as Joe Biden never mentioned the fact that his promise only applied to individuals.
Under the current scheme, married couples with a combined income of over $520,000 will also see their tax bill increase.
Political Animal News will keep you up-to-date on any new developments in this ongoing story.
