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Todayâs Top Stories From the Breitbart News Desk
Welcome to the “shut up, man” election. In the first of three planned presidential debates – there’s already agitation from the left to cancel the next two – Joe Biden falsely accused President Donald Trump of going back in time to cut his own taxes, causing the 2020 recession, and cutting taxes only for the rich. When Trump confronted him, Biden responded by telling the president of the United States to “shut up.”
That tax accusation was the weirdest moment of the night, although it probably went largely unnoted amid the rest of the chaos. Biden accused the president of paying too little in taxes, including the widespread, but false, accusation that he paid just $750 for 2016 and 2017.
In fact – as The New York Times story said – Trump paid millions, but later said he overpaid for those years and sought credits against future taxes. Trump responded to this accusation by pointing out that if Biden did not like the tax code that gave Trump the tax breaks he used, Biden could have sought to do something about it when he was a U.S. senator or the vice president.
Biden could have replied in all manner of plausible ways, but instead he insisted it was Trump’s 2017 tax reforms that had somehow magically cut Trump’s taxes over the two prior decades.
The Democrats have, unfortunately, lied enough times about the 2017 tax law that many Americans falsely believe their taxes went up or only the wealthy got a tax cut. In fact, the overwhelming majority of Americans who pay taxes got a tax cut. So maybe Biden figures he can convince Americans Trump retroactively cut his own taxes.
The stock market mostly ignored the debate, as far as anyone can tell. It rose in the morning on reports that the Trump administration was in talks about a new pandemic relief package, then gave back a portion of the gains in the afternoon on the non-surprising news that those talks failed to produce an agreement. We continue to suspect there’s very little chance of any deal prior to the election.
â Alex Marlow, Breitbart News Network
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TOP STORY
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[U.S Companies Add Far More Jobs Than Expected as Manufacturing Hiring Booms, ADP Estimates](
Private-sector payrolls expanded by 749,000 jobs in September, beating expectations, according to a report Wednesday from ADP. The report, produced each month with Moodyâs Analytics in advance of the governmentâs official read of the Employment Situation on the first Friday on the month, indicates that hiring picked up in September by more than expected. [[Click here for more](
Recommended Link
[Millionaireâs New Prediction So Outrageous, We Forced Him to Go On Camera](
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Legendary investor Doug Casey just made a MASSIVE gold prediction...
It’s so outrageous, we nearly refused to publish it.
But then Doug agreed to fly 5,700 miles – from his ranch in Argentina to Aspen, Colorado – to explain everything in this exclusive interview.
Doug calls it the most bullish sign he’s seen in 45 years… And he shares his #1 Gold Secret – LIVE on camera.
If you’ve been waiting to profit from this massive gold boom…
Now is your chance.
[Watch the Interview Now (Dougâs #1 Gold Secret Revealed)](
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IN OTHER STORIES…
[Flight from the Cities: Pending Home Sales Hit All-Time High](
The American home-buying spree saw a record number of contract signings for home purchases in August. The National Association of Realtors said Wednesday that its index of pending sales rose 8.8 percent to a record high of 132.8. That is 24.2 percent above the August 2019 level. An index of 100 represents the level of contract activity in 2001. It had sunk to a low of 69 in April, when buyers and sellers were sidelined as the coronavirus swept through the U.S. But the housing market has been on an explosive surge in the subsequent months as Americans sought more privacy and living space, increasingly worked remotely, and fled from decaying cities beset by resurgent virus infections, lockdowns of cultural amenities such as museums and theaters, shuttered bars and restaurants, deteriorating finances, rioting, rising murder rates, and leftist politics. [[Click here for more](
[Donald Trumpâs Policies Boosted Lower-, Middle-Income Americans](
Lower- and middle-income Americans gained ground in President Donald Trumpâs first-term economy, while upper-income Americans gained the most under President Barack Obama, according to a survey by the Federal Reserve banking system. [[Click here for more](
[Apple Rewards CEO Tim Cook with up to a Million Shares of Stock](
Tech giant Apple has reportedly rewarded company CEO Tim Cook with new equity awards that could provide him with as many as 1 million shares of company stock by 2025. The value of Cookâs latest reward, based on todayâs stock price, is almost $117 million. The new grant gives Cook even more motivation to keep running the tech giant. [[Click here for more](
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FROM THE MAGANOMICS INSTITUTE…
[Top 3 Reasons Behind Solarâs Outperformance of Energy](
In 2018, the outlook for the renewable energy sector changed. It hasnât looked back since. [[Click here for more](
[Will a Fresh Round of COVID-19 Lockdowns Doom the Economic Recovery?](
As new COVID-19 cases rise, a second round of lockdowns may be coming⦠[[Click here for more](
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