evidence: Here’s another example using numbers to tell a deceptive story: Biden said the Trump administration "added more to the national debt than any presidential term in American history." This is accurate — but only until Biden’s own one-term debt total exceeds the amount accumulated under Trump. By the time he leaves office, Biden is projected to have overseen a debt increase larger than Trump’s. Then there are taxes, which the candidates couldn’t see more differently. Trump often says, falsely, that Biden wants to "quadruple your taxes." Biden proposed a tax increase of about 7 percent over the next decade, almost exclusively on the wealthiest Americans and corporations, not the 300 percent that Trump said. Biden has frequently said the average federal tax for billionaires is 8.3 percent, but that’s False. Under the current tax code, the richest Americans pay an effective tax rate of more than 20 percent on income the government counts. Biden’s 8 percent figure compares their tax payments with an amount that includes income that is not currently taxed under law, making it a theoretical figure.