Biden Can’t Tax the Rich

Democratic presidential candidate Joe Biden delivers remarks on health care at the Beech Woods Recreation Center in Southfield, Mich., October 16, 2020. (Tom Brenner/Reuters)
It might be easy to sell on the campaign trail, but Biden's tax plan would hurt the low- and middle-income voters it’s ostensibly meant to help.

NRPLUS MEMBER ARTICLE J oe Biden’s tax plan is based on a deathless myth: that taxes are actually paid in economic terms by those upon whom they legally fall. The obviousness of this nonsense is clear enough if you put the proposition into plain English: “Don’t you worry, now, we’re not going to raise taxes on you, Bubba — we’re just going to raise taxes on your employer, your customers, your vendors and business partners, the people who make and sell the things you buy and use, your bank, your Internet provider, the companies that build houses and commercial buildings, your landlord, gasoline distributors,

Most Popular

White House

Trump’s Disgraceful Endgame

President Trump said the other day that he’d leave office if he loses the vote of the Electoral College on December 14. This is not the kind of assurance presidents of the United States typically need to make, but it was noteworthy given Trump’s disgraceful conduct since losing his bid for reelection to ... Read More
White House

Trump’s Disgraceful Endgame

President Trump said the other day that he’d leave office if he loses the vote of the Electoral College on December 14. This is not the kind of assurance presidents of the United States typically need to make, but it was noteworthy given Trump’s disgraceful conduct since losing his bid for reelection to ... Read More
Elections

Our Conspiracy-Minded Subculture

On the menu today: Attorney General William Barr declares that he and the Department of Justice have found no evidence of widespread vote fraud that could change the outcome of the 2020 election; some Trump fans conclude the attorney general has been a deep-state sleeper all along; and why this country is likely ... Read More
Elections

Our Conspiracy-Minded Subculture

On the menu today: Attorney General William Barr declares that he and the Department of Justice have found no evidence of widespread vote fraud that could change the outcome of the 2020 election; some Trump fans conclude the attorney general has been a deep-state sleeper all along; and why this country is likely ... Read More