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Joe Biden: ‘Yes We Do’ Want to Raise Taxes by $1 Trillion

Oct. 4, 2012 4:47pm Jason Howerton

Vice President Joe Biden speaks in Council Bluffs, Iowa, Thursday, Oct. 4, 2012. (Credit: AP)

During a campaign stop in Iowa on Thursday, Vice President Joe Biden responded to accusations coming from the GOP that the Obama administration wants to raise taxes by $1 trillion. Well, he confirmed that they are true anyway, saying “Yes we do” as he called on the rich to pay more taxes.

“On top of the trillions of dollars of spending that we have already cut, we’re gonna ask – yes – we’re gonna ask the wealthy to pay more — My heart breaks, come on man,” Biden said sarcastically.

“You know the phrase they always use? ‘Obama and Biden want to raise taxes by a trillion dollars.’ Guess what? Yes we do in one regard. We want to let that trillion dollar tax cut expire so the middle class doesn’t have to bear the burden of all that money going to the super wealthy. That’s not a tax raise, that’s called fairness where I come from.”

Though Biden is asserting that allowing the Bush tax cuts to expire isn’t technically a tax increase, others disagree. Former New York Mayor Rudy Giuliani did a good job explaining the issue on MSNBC Wednesday:

“If you extend the Bush tax cuts, you don’t cut taxes, you keep taxes where they are! If you don’t extend the Bush tax cuts, you raise taxes,” he said, before explaining that if he pays a higher rate next year that is, in fact, raising taxes.

(H/T: Weekly Standard)

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Comments (227)

RGB
Posted on October 4, 2012 at 5:10pm
It’s looking like Joe is looking out for himself. Better for Obama to loose and Joe can run in 2016, than to win and be saddled with 4 more years of Obama nightmare on his résumé.

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- db321
  Posted on October 4, 2012 at 6:13pm
  That was Great Joe – use that in your debate with Paul Ryan and you’ll single handily win the election yourself. Ryan can not shoot bullets in that Joe! You’re amazing Joe!
  
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- turkey13
  Posted on October 4, 2012 at 6:17pm
  Now you can see why we need a new Federal law limiting any politican to 2 terms – 8 years max. This get rid of the Kennedys, Reids, Polisies and Jo would have never been a heart beat away from th epresidency. Here in Oklahoma we will lose Tom Colburn, one of the few intelligent Senators in DC. As much as we hate to see him go you can’t change the law for one man.
  
  Report this comment
- MidwestRay
  Posted on October 4, 2012 at 7:25pm
  Joe Biden always has great advice. In fact I believe Obama may have took his advice before the debates which just may have affected his concentration. He may have even needed a smoke afterwards.
  
  http://www.theonion.com/articles/biden-implores-obama-to-rub-one-out-before-debate,29785/
  
  Report this comment
- SLAPTHELEFT
  Posted on October 4, 2012 at 8:05pm
  Cant wait to see joe debate ryan.
  
  No more bushes, clintons, kennedies, or obamas. We are done with all of them.
  
  Report this comment
- seeker9
  Posted on October 4, 2012 at 8:07pm
  Come on. Howlie Dean is saying taxes will be raised on middle class as well. Said so on CNBC.
  
  Report this comment
- Wolfgang the Gray
  Posted on October 4, 2012 at 8:42pm
  I can’t wait to see Ryan tear into Biden at the VP debate. Biden’s head is so full of crap, he doesn’t stand a chance.
  
  Oh, by the way… According to IRS statistics, roughly 2 percent of U.S. households have an income of $250,000 and above. By the way, $250,000 per year hardly qualifies one as being rich. It’s not even yacht and Learjet money. All told, households earning $250,000 and above account for 25 percent, or $1.97 trillion, of the nearly $8 trillion of total household income. If Congress imposed a 100 percent tax, taking all earnings above $250,000 per year, it would yield the princely sum of $1.4 trillion. That would keep the government running for 141 days, but there’s a problem because there are 224 more days left in the year. Further, the rich would now be flat broke so could not hire anyone with their businesses. They also wouldn’t be able to pay taxes the following year.
  
  We don’t have a tax problem, we have a spending problem. Obama & Biden want to keep spending (Investing they call it) until the nation is broke.
  
  Report this comment
- americansfightingforcommonsense
  Posted on October 4, 2012 at 8:49pm
  Wow, is that a face that would just about scare any baby or what? This guy is a total loose canon. I can’t wait to see him explode when Paul Ryan plays him like a fiddle in the VP debate. :)
  
  Report this comment
- wordsofwisdom
  Posted on October 4, 2012 at 9:58pm
  Joe reminds me of Cliff from the Cheers sit-com. He thinks he knows everything but keeps saying the stupidest things without a clue he looked stupid as a result. This song is about such a person called “Don’t Get Him Started” http://www.reverbnation.com/play_now/song_11916731
  
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- pdw
  Posted on October 4, 2012 at 10:50pm
  Yes! Joe is so wonderful every child should have one so they will not get bored. Still I cannot understand how he escaped the his keepers.
  
  Report this comment
- 1TrueOne55
  Posted on October 4, 2012 at 10:54pm
  @MidwestStray:
  I think he did smoke before the Debate, with the “Choom Gang” on the way to the Debate. It shows that he reverted back to his High School Days, Rocky Mountain High!!! LMAO
  
  Report this comment
- ObamaForward_OverTheCliff
  Posted on October 4, 2012 at 11:23pm
  See that sign in front of “crazy Schmoe” Biden — “FORWARD”? Obama’s “FORWARD”?
  
  “The Great Leap FORWARD of the People’s Republic of China (PRC) was an economic and social campaign of the Communist Party of China (CPC), reflected in planning decisions from 1958 to 1961, which aimed to use China’s vast population to rapidly transform the country from an agrarian economy into a modern communist society … ” -Wikipedia
  
  DOES EVERYONE GET IT NOW … ?
  
  Report this comment
- CobraBill
  Posted on October 4, 2012 at 11:23pm
  Think, this guy is only a heartbeat away from being POTUS.
  
  Report this comment
- 1947
  Posted on October 5, 2012 at 12:46am
  Thank you Joe……The Rep’s needed you this term and the people of America …your HAIR transplant has really helped your mind set…….Obama’s BOY
  
  Report this comment
- mersey
  Posted on October 5, 2012 at 5:11am
  Without a doubt, there is a job waiting for Joe in January at Comedy Central.
  
  Report this comment
- realindependent
  Posted on October 5, 2012 at 7:06am
  Yes, By the law the so-called BUSH tax cuts were to sunset or expire by 2010. When bush did his tax cuts in 2001 by LAW they had to sunset in less than 10 years because of the Bird rule.
  
  http://en.wikipedia.org/wiki/Bush_tax_cuts
  
  So yes Obama extended the bush tax cuts for 2 more years because the house republicans demanded he extend all the tax cuts. He wanted to only extend them for people making under 250k a year.
  
  But they wouldn’t be raising taxes. they would just let the Bush tax cuts expire like they were supposed to.
  
  Facts are facts people
  
  Report this comment
- cosette
  Posted on October 5, 2012 at 7:25am
  “I don’t know how much our side is paying him, but it’s not enough”……. Charles Krauthammer.
  
  Report this comment
- midwesthippie
  Posted on October 5, 2012 at 7:30am
  …how about a trillion dollar tax on democrats…wouldn’t that be cool if the FEDGOV could only raise taxes on their party and the rest pay a flat tax…
  
  Report this comment
- Go Glenn
  Posted on October 5, 2012 at 10:45am
  Does anyone else think they inserted those hair plugs a little too deep?
  
  Have you ever noticed how a marginally cute girl will always have a friend who is extremely ugly or fat at their side? The same applies here………Obama chose Biden just to make Obama look smarter.
  
  But it doesn’t really work………just shows that they are both stupid.
  
  Report this comment
- I support God's Israel!
  Posted on October 5, 2012 at 11:27am
  In ALL FAIRNESS, JOE, YOU ARE FIRED!
  
  Where do we get these morons? Oh, I see. WE GET THEM FROM THE 47%. My bad.
  
  Report this comment
zoro51
Posted on October 4, 2012 at 5:08pm
remove IMPEACH OPBAMA AND BUFFOON BIDEN clearly altzhimers dementia has set in

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- JohnQTaxpayer
  Posted on October 4, 2012 at 5:55pm
  How long after the election will the medical diagnosis of dementia be declared for Joe Biden?
  
  How many more still in office have dementia or worse?
  
  Report this comment
- midwesthippie
  Posted on October 4, 2012 at 6:11pm
  …free depends undergarments for all aging democrats…and john mccain
  
  Report this comment
- Rick Steele
  Posted on October 4, 2012 at 8:32pm
  I can’t wait to see the VP and Mr. Biden debate. Oh, wait… did I get them mixed up? Sorry ’bout that.
  
  Report this comment
GlennaBeckski
Posted on October 4, 2012 at 5:06pm
Is it too much to hope for a Doubles Match?

BO & BIDEN vs. ROMNEY & RYAN

Keep the prayers up people.. The TRUTH is starting to spew out of these 2 in projectile style.
They just can’t hold it back anymore!

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- Snowleopard {gallery of cat folks}
  Posted on October 4, 2012 at 5:12pm
  Biden is doing a wonderful job of destroying Obama’s campaign all on his own.
  
  Report this comment
- getalong
  Posted on October 4, 2012 at 5:41pm
  Last night’s debate was what happens when you get a God-filled person who most-likely prayed for guidance before the debate, and a God-less person who thinks he is so “all that” that he don’t need God. The best part of last night was turning to watch Rachael Maddow’s meltdown after the debate. It was classic. Oh, thank you God!!!!!
  
  Report this comment
- TJSON
  Posted on October 4, 2012 at 7:44pm
  @getalong:
  
  You make me laugh. Romney doesn’t even believe in the same god you do. He thinks you are going to hell.
  
  Report this comment
- pudssweetie
  Posted on October 4, 2012 at 9:19pm
  #TJSON, Sorry to burst your bubble, but Mormons believe in the same God, the Same Jesus and in the Same Holy Bible that Christians believe in.
  
  Report this comment
- TJSON
  Posted on October 5, 2012 at 1:25am
  @pudssweetie:
  
  Sure, and by a broad enough definition so do Jews and Muslims. That doesn’t mean that they respect your beliefs.
  
  Look it up; the Mormon Church doubts the veracity of the Bible. This is the definition of blasphemy. Keep in mind that a vote for Romney is a vote for a blasphemer.
  
  Report this comment
- LastAmerican
  Posted on October 5, 2012 at 8:37am
  @tjson, and what is a vote for Obama the Muslim? Off with your head infidel.
  
  Report this comment
- I support God's Israel!
  Posted on October 5, 2012 at 11:31am
  Yes, it is very sad to see such a fibrant elderly VP going moronic and stupid. Actually, Biden is doing MORE DAMAGE to Obammmy’s campaign than anyone really understands.
  
  Just watch next week when Ryan tears Biden apart (kindly) with THE TRUTH. America will see a true leader in Ryan. WE SAW A TRUE LEADER IN ROMNEY ALREADY and 2 leaders will bring America back to God and prosperity. If you do not believe that, then GO BACK TO SLEEP.
  
  Report this comment
MCON29
Posted on October 4, 2012 at 5:06pm
He said something else today about the 650,000 troops in Afghanistan being part of the 47% that dont pay taxes because they are deployed. Really Joe? 650,000?

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- AvengerK
  Posted on October 4, 2012 at 5:10pm
  he’s deadly earnest man..deadly earnest.
  
  Report this comment
- pdw
  Posted on October 4, 2012 at 10:58pm
  Well he must of been thinking about how many they are trying to prevent from voting. In one state along 120.000 are not registered to vote this year and there are 57 :>) states to go.
  
  Report this comment
Tex Expatriate
Posted on October 4, 2012 at 5:05pm
There speaks a man who never earned a living except as a Democrat politician. Now what about those men in the pic near him who are applauding? Wouldn’t you like to know about their real beliefs? I’d love to live in that state a couple of days just to out them and the hypocritical fools they are.

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Dan_O_in_Ohio
Posted on October 4, 2012 at 5:03pm
There you go again Joe. To quote Bugs Bunny (my favorite Looney Tunes Actor) “What a maroon?”

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- bannedfromCNN
  Posted on October 4, 2012 at 9:26pm
  In the world of Democrats, Biden is a genius.
  
  Report this comment
- 4xeverything
  Posted on October 5, 2012 at 7:40am
  I hope Ryan uses some Loony Toons logic on Biden on Thurs. just to make a point.
  Ryan: Yes you do.
  Biden: No I don’t.
  Ryan: Yes you do.
  Biden: No I don’t.
  Ryan: No you don’t.
  Biden: Yes I do.
  
  How was this guy ever elected to anything ever? I’d hate to see the maroon Biden ran against in PA for them to have elected him.
  
  Report this comment
capitalismrocks
Posted on October 4, 2012 at 5:02pm
Mr. Magoo is going to be slaughtered by Paul Ryan during the debate, Obama’s moron VP is going to help further his downfall…

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- Salamander
  Posted on October 4, 2012 at 5:08pm
  Joe Biden is so stupid, people will probably vote for him out of pity!
  
  Report this comment
- The land I love
  Posted on October 4, 2012 at 5:08pm
  It is going to be good, he can barely talk when it is just him and a telemprompter!! Ryan is witty and won’t put up with his bs. Nice choice Obama, a reaaal winner you got there.
  
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- JustDontUnderstand
  Posted on October 4, 2012 at 6:10pm
  land i love –
  Nice choice Obama, a reaaal winner you got there.
  
  of course Barry wants Joe there. He has to have someone to blame the loss.
  
  Report this comment
- Jal71881
  Posted on October 5, 2012 at 8:37am
  And he is such a liar…. (Joe Biden) the “scrappy kid from Scranton, Pa” lived here until he was 8 yrs old and moved out, yet , he professes to have roots here and spent money on campaign ads saying so…..such a liar….. His wife is visting our area in the coming weeks…. I wonder why…. Could PA be in Play… I believe it to be so… He deceived and lied promising FEMA relief for Duryea, Pa flooding and left without paying his lunch bill….But, I am sure our local “lap dog” media will ask really tough questions like: ” What is it like being married to Joe…. What is his favorite movie…. Does he wear pajamas to bed….. Same drivel here as in the “Beltway” I’m on the edge of my seat waiting for these pending important answers… I am along with several and multiple family members Praying that he and his boss are looking for work after the Nov. Elections…….
  
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THe_Chemist
Posted on October 4, 2012 at 5:02pm
Once again biden, you’ve out done your self in stupidity.

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hauschild
Posted on October 4, 2012 at 5:02pm
Atten….Hut!!!

Communist on deck!!!

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thibx
Posted on October 4, 2012 at 5:01pm
move out joe storming morman is moving in.

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The land I love
Posted on October 4, 2012 at 5:00pm
Does he even know what he is saying or talking about? Ever??

He has a problem verbal diarrahea and is a skidmark to our society

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- Snowleopard {gallery of cat folks}
  Posted on October 4, 2012 at 5:17pm
  Consider some of Bidens supporters, one wrote to me:
  
  “Snow Leper, you’re going to see PLENTY of Joe Biden campaigning between now and November.
  
  We Obama supporters are PROUD to have him out there exposing Republican lies, and he WON’T be kissing Muslims like your hero Bush. “
  
  Report this comment
- GlennaBeckski
  Posted on October 4, 2012 at 6:18pm
  @SNOW LEPER (sry .. no self control) hehe
  
  WoW~~~WoW~~
  
  I hate to say this… but…….. That is soooooo Far Out Man!!
  
  Report this comment
- getacluepeeps
  Posted on October 4, 2012 at 7:01pm
  Thats some funny stuff right there, laughed so hard I cried!! :)
  
  Report this comment
ricckky
Posted on October 4, 2012 at 5:00pm
A complete fool–A one man wrecking crew!!! I can’t wait until Ryan debates this idiot—Biden is so dumb–it will be funny–How did this guy graduate from the eight grade much less college!!!

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- AvengerK
  Posted on October 4, 2012 at 5:24pm
  The debate on the eleventh is going to be a bloodbath..if I was Ryan I’d wear a butcher’s apron over my suit that night. The beautiful thing is that it will be a one-two punch for Romney where Ryan will be able to dispell the smears Obama has launched against him the same way Romney accomplished it last night. You know Obama’s seething at the prospect of allowing Biden up there untethered debating against someone who’s clearly in possession of a sharper mind and clearer understanding of economics and all the facts. Biden’s going to have to be deadly earnest man…deadly earnest..LOL.
  
  Report this comment
- Kregneva
  Posted on October 4, 2012 at 6:10pm
  You are killing me! If Paul Ryan wore that ensemble, he would look like a cross between Young Frankenstein and Hannibal Lecter! Smashing fun! Bowels in or bowels out? LOLLY
  
  Report this comment
Shasta
Posted on October 4, 2012 at 4:59pm
Off subject, but it is important and I do not see it on this site. From wnd.com “October Surprise? Obama Secret Iran Deal Cut”. It is a deal to have Iran “announce a temporary halt to uranium enrichment before next month’s U.S. election in a move to save Barack Obama’s presidency”.

http://www.wnd.com/2012/10/october-surprise-obama-secret-iran-deal-cut/

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AvengerK
Posted on October 4, 2012 at 4:59pm
They’re playing the Barnum and Bailey circus theme these days before Plugs take the stage.

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- Lucy Larue
  Posted on October 4, 2012 at 5:24pm
  AVENGGERK,
  AfreakingMEN! He’s had more Botox and collagen than Barbara Walters and Dianne Sawyer combined!
  Biden is a serial prevaricator. He is!
  He is FAUX Middle Class Joe. His state of Delaware is “The Small Wonder” state. Half the damn state is taken up by the gated Biden compound of Biden family mansions. Yep…,even his Mommy had a mansion. Where did he get all his wealth?! Hmmm. He entered Congress in his twenties. He’s been there in D.C. Ever since. Great gig. non?
  Every time I see his sorry face…,I think of that Forrest Gump line,”Stupid is as stupid does”.
  Joe is dangerous! He needs to go.
  
  Report this comment
- AvengerK
  Posted on October 4, 2012 at 5:40pm
  why do you think al Qaeda was thinking about assasinating Obama so that Biden could take over? Even a bunch of whacked out jihadis know an idiot when they see one. That doesn’t let Obama off the hook by any means..Obama put him there.
  
  Report this comment
- Kregneva
  Posted on October 4, 2012 at 6:05pm
  That thought is amazingly clever, what if Barry-O actually picked pal-Joey to prevent an assassination attempt! He is just paranoid enough to do it! You are certainly a step ahead of most! Brilliant!
  
  Report this comment
- Lucy Larue
  Posted on October 4, 2012 at 6:27pm
  AVENGERK,
  Most scary the scenario you put forth.
  I always believed that President Dunham picked the Sad Sack as an insurance policy on his own sorry derrière! As All Hallow’s Eve approaches let me kick your scenario up a notch. if Al Quaeda took out both of them we would have President(more plastic surgery than Joan Rivers)Pelosi.
  we would have beat Greece in the race over the cliff into the abyss. Non?
  
  Report this comment
paperpushermj
Posted on October 4, 2012 at 4:59pm
What’s scary about this Guy is he is just one missed heartbeat away from being the President of the United States.

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- AvengerK
  Posted on October 4, 2012 at 5:31pm
  why do you think al Qaeda was considering assasinating Obama because they would have like to have had Biden take over? And before you think that’s a compliment to Obama..Obama chose the buffoon.
  
  Report this comment
- Kregneva
  Posted on October 4, 2012 at 6:12pm
  (to save web-space; simply read my response to your similar comment in the thread above)
  
  Report this comment
- taxpro4u03
  Posted on October 4, 2012 at 6:40pm
  When we as a country actually observed the rule of law — it only took 3 citizens of sound mind to commit a person to the looney bin – when we HAD looney bins — not quite sure how these people keep getting elected/appointed to the highest positions most reasonable people deem important… probably because those decent folks among us know it’s basically wrong to run them out on a rail, when the ‘system’ fails… this, too — could change. Most Americans are reasonable people and fair minded – with a wide threshold –then the wrath of the Almighty descends on ‘em.
  
  Report this comment
- KangarooJack
  Posted on October 4, 2012 at 9:37pm
  YES! It IS scary!
  
  Report this comment
AmericaTheFree
Posted on October 4, 2012 at 4:59pm
I can’t wait for the VP debate. JoeB is just a train wreck and Paul Ryan is going to destroy him.

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Salamander
Posted on October 4, 2012 at 4:58pm
Way to go, Joe! Drain the wealth of the retirees that have scrimped and saved all their lives so they can have a reasonably comfortable and secure retirement! What a big-hearted guy! Steal it from gramps and granny–they won’t be needing it that much longer–especially when Obamacare kicks in and health care for the elderly goes on rationiing! Way to go, Joe! What a guy! You moron!

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101stIraqVet
Posted on October 4, 2012 at 4:57pm
During the debate, Paul Ryan might not have to say anything to “win.” He may just have to stand there.

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- The_Jerk
  Posted on October 4, 2012 at 4:59pm
  That “Forward” sign kinda reminds me of what Gen. Custer said to his troops.
  
  Report this comment
- MCON29
  Posted on October 4, 2012 at 5:02pm
  Evertime this dude talks I fall out of my chair laughing. If I were Obama I would have him ball gagged and in a box like the dude from pulp fiction.
  
  Report this comment
- TelepromoterNChief
  Posted on October 4, 2012 at 5:02pm
  Nah, let Ryan show up.
  America needs a show.
  Ryan will take the debate seriously while Joe will be women up an hour before show time from his latest drinking binge.
  
  Report this comment
- Leader1776
  Posted on October 4, 2012 at 5:19pm
  @The_Jerk
  Good one.
  
  Report this comment
- pandora
  Posted on October 4, 2012 at 5:52pm
  Biden isn’t the man in the “empty chair”. He’s the man UNDER the chair. LOL
  
  Report this comment
- GlennaBeckski
  Posted on October 4, 2012 at 6:43pm
  @PAN
  
  Biden isn’t the man in the “empty chair”. He’s the man UNDER the chair. LOL
  
  Hilarious! Seriously tho.. I like Joe He is soo Stinkin Funny!!
  
  Report this comment
- Lucy Larue
  Posted on October 4, 2012 at 7:30pm
  Thank you for your service. thank you for your comment. Hooah! Dead on sir.
  
  Report this comment
TRONINTHEMORNING
Posted on October 4, 2012 at 4:55pm
Biden, you and your spineless boss are full of fertilizer. But, keep up the gaffes, keep up the unfortunate public presence you have–and now your boss has; and by all means keep letting independent and undecided voters know how incompetent and unworthy you both are.

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Salamander
Posted on October 4, 2012 at 4:55pm
What a Maroon!

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AngryRedneck
Posted on October 4, 2012 at 4:55pm
Biden, the gift that keeps on giving…

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The_Jerk
Posted on October 4, 2012 at 4:53pm
Why doesn’t Joe Biden and the Obama’s simply pay more, if they truly believe that they are not doing their fair share? Hypocrites all.

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Landon410
Posted on October 4, 2012 at 4:52pm
joey B, I thought I picked you up out of my yard and put you in the trash this morning after my dog was done and went back inside…..

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izzy1127
Posted on October 4, 2012 at 4:51pm
First……

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martyinhagerstown
Posted on October 4, 2012 at 4:51pm
There are none so blind as those that will not see. Biden is stupid honest.

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- Lucy Larue
  Posted on October 4, 2012 at 5:05pm
  MARTYINHAGERSTOWN,
  :) Good comment but I read it as….I am telling you honestly…,BIDEN IS STUPID!
  Thinking Americans know that one thing Biden is not is HONEST. Non?
  
  Report this comment

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