Get Wrecked: Ben Shapiro SCHOOLS Morning Joe’s Steve Rattner on Taxes

NewsBusters ^ | 3/9/2021 | Joseph Vazquez

[JV3MRC]

Daily Wire Editor Emeritus Ben Shapiro reminded MSNBC Morning Joe’s Economic Analyst Steve Rattner how the American tax system works, and it was glorious.

Rattner took to Twitter to prop up President Joe Biden’s $1.9 trillion pork-laced stimulus package. Rattner tweeted, “The top 20% of households reaped 65% of benefit from Trump’s tax cuts. The bottom 20% got 1%.” Pivoting off, Rattner fawned how Biden’s “American Rescue Plan gives aid to those who actually need it.” He even included a chart to illustrate his point. Not so fast. Shapiro had another chart, which completely blew up Rattner’s narrative.

[DesertRhino]

Shapiro is mostly annoying, but he sure nailed this one LOL.

[JimRed]

The bottom 20% got 1%.”

Yeah, the ones who don't pay any federal taxes anyway...

[ro_dreaming]

The top 25% of households pay 71% of all federal income taxes. The bottom 50% paid 4%.

That means, if my math is correct, that the 2nd tier of 25% paid 25% of all federal income taxes.

And if the top 20% of households reaped 65% of the benefits from Trumps tax cuts, and the bottom 20% got 1%, that should mean the middle 60% got 34% of the benefits, right?

Fun with (irrelevant) facts.