Biden says people earning less than $400,000 won't pay taxes in new slip-up

From Washington Examiner.com (May 3):

President Joe Biden said those who make under $400,000 per year "will not pay a single penny in taxes."

The comment, made during a speech on Monday, is the 78-year-old's latest blunder.

"The reason I'm going to do this is because I keep hearing on the press, 'Biden is going to raise your taxes,'" he said. "Anybody making less than $400,00 a year will not pay a single penny in taxes, and we will not increase the deficit either, unlike the last gigantic tax cut, which increased the deficit by $2 trillion."

PRES. BIDEN: "Anybody making less than $400,000 a year will not pay a single penny in taxes." pic.twitter.com/37GkyPeY1K

— Breaking911 (@Breaking911) May 3, 2021

The president likely meant those making under $400,000 "will not pay a single penny more in taxes."

The $400,000 cap applies only to those filing as individuals. Therefore, married couples who together exceed the threshold may be hit with unforeseen tax increases, a White House official told Axios. [read more]

Won’t be Biden’s last mistake. Sometimes his brain cells misfire. Sometimes they just stop firing all together. EEG anyone?