Taxing Billionaires

Correcting Washington’s favorite falsehoods.

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President Joe Biden arrives to deliver a speech in Accokeek, Maryland on Wednesday. Photo: jim lo scalzo/pool/Shutterstock

Social media users have been laughing about President Joe Biden failing to complete the spelling of the word “eight” at a speech in Maryland this week. But the context in which he made his typically confused remarks is even more concerning. And Mr. Biden is not the only Washington politician who seems incapable of speaking truthfully on the subject of taxes.

Here’s how the official White House transcript recounts the relevant passage from the president’s speech Wednesday afternoon in Accokeek, Md., in which he created his usual grotesque straw man to depict opponents of larger government:

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