Biden's infrastructure plan takes aim at Trump's biggest economic achievement

[Yo_Mama_Been_Loggin]

President Joe Biden is using his infrastructure plan to take aim at President Donald Trump's signature economic achievement: His corporate tax cuts.

The administration is calling for $2 trillion in new spending on roads, bridges and a myriad of other projects, and sticking big companies with the bill. To defray its cost, his plan would roll back Trump’s cut in the corporate tax rate — Biden would hike it to 28 percent, from 21 percent — while stiffening a minimum tax on multinational corporations.

That will set the stage for a split-screen debate in Washington in the coming months: Even as Democrats haggle over how to divvy up that $2 trillion, they will simultaneously relitigate — and, they hope, overturn — the centerpiece of Trump’s economic legacy.

While Democrats cast the tax increases as a matter of fairness, they also hope it will make good politics. The coming fight promises to reignite a debate over how much corporate taxes matter for the health of the economy, not to mention the political fortunes of lawmakers.

https://www.msn.com/en-us/news/politics/biden-s-infrastructure-plan-takes-aim-at-trump-s-biggest-economic-achievement/ar-BB1fbnLa?li=BBnbfcQ&ocid=DELLDHP

[AZ8theist]

1. REPEAL AND REPLACE THE TRUMP TAX SCAM.

Should be on every bumper sticker in AMERICA

[UTUSN]

2. President Joe's word is: "I don't care what the other guy does/did"

[Cha]

3. Good on ya, President Biden!

[Budi]

4. Love ya, President Joe Biden!

You too Cha

[Cha]

5. Aww.. U2, Budi!

We're so fortunate to have President Biden & TEAM working for us right now!

I hope everyone appreciates it while it's Happening!

💙

[Trueblue1968]

13. What Mich is doing, will bring about HIS own & the downfall of the GOP.

What Mich is doing, will bring about HIS own & the downfall of the GOP. Re-building America will be the MOST POPULAR LEGISLATION IN DECADES.
Millions of people will get jobs with higher pay & benefits because of Biden's RE-BUILD AMERICA. Mitch is HATED,
and I don't feel sorry for what will happen to him.

[Cha]

15. Exactly.. TY!

[peppertree]

6. "Achievement" - because it resulted in nothing positive

Fixed private investment - the broadest measure of business investment - stopped growing almost immediately after the Trump tax scam was passed.

So where did the tax savings end up?

[The Magistrate]

7. 'Achievement' Is Not The Word I Would Use, Sir

'Pay-off to donors' seems a better fit....

[CaptainTruth]

9. Absolutely. Tax cuts to rich donors means bigger donations.

It's the GOP playbook.

[DownriverDem]

8. 28%

is what reagan cut it to that set us on the path of stuff falling apart. Then reagan made Seniors pay income tax on their Social Security. White voters voted their hate while repubs stuck it to them. (I'm white)

[CaptainTruth]

10. Message: "Republicans want free stuff from the government."

Republicans want good roads, bridges that don't fall down, etc. but they don't want to pay the taxes to pay for it. They don't want to pay for it, so they want it for free. They want free stuff from the government.

It frustrated me for years when Rethugs accused Democrats of wanting "free stuff" while they were the ones who didn't want to pay taxes to pay for anything. Democrats could have easily turned the Rethugs accusations around right back at them, to me it was a golden opportunity for effective messaging, to change the narrative, but I certainly didn't see it happen.

[MustBeTheBooz]

11. Go Joe!!

Why should corporations be responsible for a smaller percentage of taxes than I see out of my paycheck?

[bucolic_frolic]

12. Corporate America shoud support infrastructure spending

They rely on good roads and bridges, minimizing delays and repair costs. It is a jobs bill, and a growth bill.

[FakeNoose]

14. Thank you Joe Biden! End corporate socialism now

[MarianJack]

16. I thought that Dolt45's biggest accomplishment was...

...when he made Chris Christie his official McDonald's errand boy. Go figure.

PEACE