CNBC - Biden tells donors he will end most of Trump's tax cuts 'and a lot of you may not like that' (user search)
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  CNBC - Biden tells donors he will end most of Trump's tax cuts 'and a lot of you may not like that' (search mode)
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Author Topic: CNBC - Biden tells donors he will end most of Trump's tax cuts 'and a lot of you may not like that'  (Read 2453 times)
Kingpoleon
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Posts: 22,144
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« on: July 01, 2020, 06:50:42 PM »

I am cautiously pessimistic about this. I understand there's a reason to keep some of the tax cuts (e.g. for lower earners and for stimulus reasons assuming a recession is ongoing or a constant risk), but rolling back only half of the corporate tax cut (35% -> 21% -> 28%) suggests the deepeneing of wealth inequality is going to be allowed to continue in the main.

There’s something deeply ironic about a British leftist lecturing America for a proposed “low” 28% corporate tax rate.
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