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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAs luck would have it, Republicans seize on worst possible strategy to oppose Biden jobs plan
https://www.dailykos.com/stories/2021/4/15/2026116/-Republicans-draw-red-line-at-corporate-tax-increases-broadly-favored-by-public-in-Biden-planAs luck would have it, Republicans seize on worst possible strategy to oppose Biden jobs plan
Kerry Eleveld
Daily Kos Staff
Thursday April 15, 2021 · 8:38 PM EDT
Senate Republicans have seized on opposing one of the most popular elements President Joe Biden's American Jobs Plan as a political winner for themraising the corporate tax rate.
I think thats a non-negotiable red line, Republican Sen. Shelly Moore Capito of West Virginia told reporters Thursday. For me personally, thats a non-starter.
Republicans have convinced themselves that shielding corporations from helping to fund projects that will specifically benefit those very same corporations is a great angle for them. They simultaneously plan to push their unpopular deficit-boosting 2017 tax cut for the rich and corporate-y as essential to a booming economy while refusing to budge at all on corporate tax increases.
The other thing congressional Republicans are whining about while drawing their red lines is the notion that President Biden isnt sincerely seeking out bipartisan compromise on his $2 trillion infrastructure plan. Of course, nothing says compromise like "red lines." In fact, if Sen. Capitowho Biden has reached out to as a potential deal makerisn't open to negotiating on tax increases, then any potential deal is already dead on arrival. Its exactly what Mitch McConnell promised weeks ago even before seeing Bidens proposalunwavering GOP opposition.
snip//
There's a reason Biden said last week he was "sick and tired of ordinary people being fleeced"ordinary people are sick of it too. Now it's time for Democrats to make absolutely certain people understand Biden's plan will create millions of jobs along with investing in highly popular initiatives such as: improving highways, bridges, roads, ports, waterways, airports, mass transit, train/bus service, nationwide high-speed broadband internet, caregiving for seniors, public schools, and more.
Fortunately, while Democrats embark on that education campaign, GOP lawmakers are hellbent on relitigating an issue on which the vast majority of Americans already have well-formed opinions.
More power to 'em. Hopefully, Republicans will consistently remind voters they singlehandedly tilted the playing field even more toward corporations while adding nearly $2 trillion to the national deficit.
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As luck would have it, Republicans seize on worst possible strategy to oppose Biden jobs plan (Original Post)
babylonsister
Apr 2021
OP
Typical Republican: "Do what Republicans want or you're not being bipartisan!"
Beartracks
Apr 2021
#4
Republicans are missing another opportunity to punish "woke" corporations by raising taxes.
Marcuse
Apr 2021
#5
When Trump cut their tax rates, they didn't lower prices or hire more workers
IronLionZion
Apr 2021
#6
no_hypocrisy
(46,117 posts)1. Seems to me that in a lot of cases, raising corporate taxes is academic.
Most of them will find a way to continue to not pay a cent.
sdfernando
(4,935 posts)3. Yep, they are always finding ways to not pay anything....
Since the "supremes" have said that corporations are people why don't they have the Alternative Minimum Tax like real people do???
Harker
(14,020 posts)2. I don't see luck having anything to do with it.
Obnoxious obstruction.
Beartracks
(12,814 posts)4. Typical Republican: "Do what Republicans want or you're not being bipartisan!"
TxGuitar
(4,192 posts)7. That's exactly right
Compromise to a Republican means do it our way.
Marcuse
(7,487 posts)5. Republicans are missing another opportunity to punish "woke" corporations by raising taxes.
IronLionZion
(45,450 posts)6. When Trump cut their tax rates, they didn't lower prices or hire more workers
in many cases they continued layoffs and offshoring and passed on extra cash to shareholders through share buybacks and dividends.
C Moon
(12,213 posts)8. And that's the failed trickle-down theory.