Pretty sure the whole punching down thing comes from a story he told in one of these netflix specials where a trans woman in a bar told him she likes his comedy but that he needs to stop punching down against her people. He got all indignant about it and tried explaining that it’s not punching down because he’s black. His logic being that black people are so far down the totem pole it’s impossible for any one of them to “punch down” against a different marginalized group.
Him using the phrase now comes across more to me as him reveling in the position that he’s, in his mind, been mischaracterized into by the trans community. And less so him actually believing he’s better than anyone.
Still not at all a good look. And he’s definitely an asshole. The fact that he’s still fixated on this one perceived slight that happened to him several years ago should tell you all you need to know about him. My dude has produced multiple Netflix comedy specials focused on getting back at a community he feels wronged by because a woman said something to him once in a bar that he didn’t like.