Bernie Lie #5,354 - "The Rich Pay a Lower Tax Rate than the Poor." | Factcheck: FALSE
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Bernie Sanders is the king of manipulated statistics. He always has been, and he's only getting better at it. You can check the article Bernie was pointing to for his latest claim here.   The article itself debunks its own title, of course, at the end of the article:  |||On the question of tax burden, Jason Furman, an economics professor at Harvard who chaired the White House Council of Economic Advisers under President Barack Obama, noted that Saez and Zucman did not include refundable tax credits, such as the earned-income tax credit (EITC), in their analysis. The credit, which is intended to encourage low-income families to work, “is part of the tax code,” Furman said.  A person who paid $1,000 in federal income taxes and then received a $1,500 credit would have a total federal tax burden of -$500, but Furman said that under Saez and Zucman’s analysis, that person would instead show a burden of $0. That result would make total tax burdens at the lower end of the income spectrum appear higher than they are. ||| On its face, it looks to be true. It even sounds true, worded in a perfect manner that would make the best tricksters envious. What's playing in its favor is that people want it to be true. It is however, very false.  Read the entire article at this link.   Visit www.goodmorningliberty.us for more great articles on politics, economics, and Libertarian ideology.  Visit www.BernieLies.com if you want to read specifically about the many lies told by one of America's greatest manipulators.  Get your own "Bernie Lies" T-Shirt on our Etsy store.  In Liberty, Charlie & Nate  P.S. We can do this. Keep forging on through the disheartening news, and hate-filled rhetoric. We're here to #MakeLibertyWin --- Support this podcast: https://anchor.fm/goodmorningliberty/support) Learn more about your ad choices. Visit podcastchoices.com/adchoices)