Biden says people earning less than $400,000 won’t pay taxes in new slip-up

President Joe Biden said those who make under $400,000 per year “will not pay a single penny in taxes.”

The comment, made during a speech on Monday, is the 78-year-old’s latest blunder.

“The reason I’m going to do this is because I keep hearing on the press, ‘Biden is going to raise your taxes,'” he said. “Anybody making less than $400,00 a year will not pay a single penny in taxes, and we will not increase the deficit either, unlike the last gigantic tax cut, which increased the deficit by $2 trillion.”

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