White House uses bogus study to justify damaging tax hikes

With President Joe Biden’s approval ratings in decline and his $3.5 trillion spending package losing key Democratic support, his administration has resorted to making up a new definition of income as a way to scare the public and Congress into supporting his job-killing tax hikes.

In a new report produced by the White House, the administration claims that the wealthy have only paid 8.2% of their income in federal income taxes between 2010 and 2018.