Opinion: Biden's Tax & Spend Plan - Corporate Tax Rate
October 6, 2021
This month, U.S. Senators began the markup of Democrats’ $3.5 trillion budget resolution package. This rubber-meets-road moment seems to have given pause to some in their party whose votes will be needed to get a bill through Congress and across the President’s desk.
Among them is Montana’s Senator Jon Tester.
The President and the progressive left members of Congress have proposed financing the Administration’s marquee spending bill largely by raising the U.S. corporate tax rate. It is a moral imperative, they say, to make big business “pay its fair share.” In April, a nota...