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Joe Biden’s dumpster-fire presidency once again lurched into clown-show territory when he spotlighted his gaping ignorance of U.S. tax laws this weekend and got savagely fact-checked by billionaire Elon Musk.
The hilarity unfolded on Saturday when the 80-year-old career politician accused billionaires of not paying their “fair share” of taxes.
“Look, I think you should be able to be a billionaire if you can earn it, but just pay your fair share,” Biden tweeted. “I think you ought to pay a minimum tax of 25%. It’s about basic fairness.”
Biden’s tweet included a graphic of his own quote that said: “You know the average tax billionaires pay? Three percent. No billionaire should be paying a lower tax than somebody working as a schoolteacher or a firefighter.”
The quote is a cleaned-up version of the president’s remarks during a March 9 speech at a union training center in Philadelphia.
“When I got elected, there were roughly — don’t hold me to the exact number because it varies — around 650 billionaires in America. Now there’s over a thousand.
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