President Biden to push corporate, billionaire tax hikes at State of the Union, drawing contrast with Trump
President Biden’s plan to push for corporate and billionaire tax hikes at the State of the Union address is a stark contrast to the tax policies implemented during the Trump administration. While some may call it tax hikes, I prefer to see it as tax restoration, bringing tax levels back to when they were more balanced and fair for everyone. It is essential to note that these tax increases are aimed at the wealthiest individuals and corporations, not the average American.
Raising the corporate tax rate from 21% to 28% is a step in the right direction, but one might argue that it should be restored even further to the pre-Trump level of 35%.… Continue reading
John Q. Hosedrinker