Biden’s Billionaire Tax Tweet Proposal Faces Backlash

Mike Palmer

President Joe Biden has proposed a billionaire minimum tax of 25 percent, which would raise an estimated $440 billion over the next decade. The proposal has been met with criticism from some who question whether the funds would be used to fund military entanglements abroad.

Biden’s Tweet Sparks Debate

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In a tweet, Biden said that the tax would allow the government to “do more” for the American people. However, some critics, such as Jo Jorgensen, the president of People for Liberty, responded to the tweet questioning whether the money would be used for “bombing more people overseas.”

White House Denies War Funding Claims

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A White House official has denied that the tax proposal is about raising funds for conflict. The official said that the president believes that the super-wealthy and big corporations should pay their fair share of taxes in order to lower the deficit.

Critics Say Proposal is “Virtue Signaling”

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Others, such as Lars Mapstead, who is running for president as a Libertarian, have criticized the proposal as “virtue signaling.” Mapstead said that Americans deserve leadership that presents actual solutions, not “cynical pandering.”

Public Support for Military Aid Declines

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Support for military aid has declined in recent months. According to a Gallup poll, more than 40 percent of Americans think that the U.S. is doing too much to help Ukraine. This number has nearly doubled since August of last year.

Majority of Americans Support Israel

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A November PBS NewsHour/NPR/Marist poll found that a majority of Americans support Israel in its war in Gaza. However, Biden is facing a split within his own party on the issue.

Bernie Sanders Calls for “Conditioning Aid” to Israel

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Vermont Senator Bernie Sanders, who is an Independent but caucuses with Democrats, has called for “conditioning aid” to Israel. Sanders said that aid should be contingent on an end to the indiscriminate bombing in Gaza and a significant pause in military operations.

U.S. Provides Billions in Aid to Israel and Ukraine

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The U.S. provides $3.8 billion a year in aid to Israel and has given more than $75 billion in funding to Ukraine since the war began in early 2022.

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Mike Palmer
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