In an effort to raise funds ahead of his proposed two trillion dollar tax plan Biden realized Americans were about to receive trillions of non taxed money from the IRS.
His press secretary Jen Psaki said, “We are looking into the possibility of maybe taxing just a bit of returns.”
Pete Buttigeig, Transportation Secretary later tweeted his support, “How else do you expect us to fund all the electric vehicle tax credits we have planned for the super-rich.”
In an administration-wide zoom cabinet meeting that was leaked to Stonk Media, Treasury Secretary Janet Yellen explained, “that tax returns are in fact tax-payers money that they overpaid. It’s not earned income at all. We in effect borrowed it from them without asking and paid them no interest, we can’t tax this stuff, that would be double taxation, I’m pretty sure that’s forbidden in the constitution.” He went on to say that, “people treat it like a prize from the government because they are dumb and uneducated, deferring his remaining time to the Secretary of Education.