Biden calls for new social programs, higher taxes on corporations and the wealthy

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BidenPresident

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That spending would be more than offset by dramatically increasing taxes on the wealthiest individuals and corporations, the White House said. Biden’s budget would increase the minimum tax on billion-dollar corporations to 21 percent from 15 percent. It would raise taxes on U.S. multinationals’ foreign income to 21 percent from 10.5 percent, and eliminate some tax deductions for executive compensation.

https://www.washingtonpost.com/business/2024/03/11/biden-budget-campaign-taxes/
 
NiftyNiblick said:
I can't read Beep's posts, but from the title, it sounds OK to me.
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Here's the same story from the NYT. Let me know if you hit a paywall and I'll copy/paste it for you; I have a subscription.

Live Updates: Biden’s Budget Underscores Divide With Republicans and Trump
The president’s $7.3 trillion budget for the next fiscal year proposes new spending on social programs to help the middle class that are offset by higher taxes on high earners and corporations.
 
BidenPresident said:
Biden should be proud. He is doing a great job as President. You fascist only have hatred and resentment.
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Yep, and grievance and despair. Toxic TOP demonstrates that here daily. She also uses her fake "teacher" cred to diagnose Biden with dementia almost daily. Despite the entire world seeing last Thursday that the only demented one is #TRE45ON and his deranged cult followers.
 
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NiftyNiblick said:
I can't read Beep's posts, but from the title, it sounds OK to me.
Click to expand...

Commies starter kit,

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Trump cut taxes, like all Republican presidents do, on the wealthy and corporations. He cranked our deficit up about 8 trillion dollars. Poor stupid rightys applauded that. Well he tossed little tax cut our way too, so it is all right, Can you guess which part of it had sunset provisions? Of course. Your tax cut is gone. Trump is a billionaire and you idiots think he understands your problems and how you live. He does not care about you at all.
 
BidenPresident said:
That spending would be more than offset by dramatically increasing taxes on the wealthiest individuals and corporations, the White House said. Biden’s budget would increase the minimum tax on billion-dollar corporations to 21 percent from 15 percent. It would raise taxes on U.S. multinationals’ foreign income to 21 percent from 10.5 percent, and eliminate some tax deductions for executive compensation.

https://www.washingtonpost.com/business/2024/03/11/biden-budget-campaign-taxes/
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See if you can read. Try and find at least one fake democrat "economist" to refute this. Dumbass.

https://issuesinsights.com/2024/03/11/bidens-criminally-fuzzy-tax-math/
 
Taxing the wealthy and corporations is not socialism, but how American was built. When Ike was prez we built the highway system. The top tax rate was over 90 percent. There were still very rich people. We have slashed the tax rates of the wealthy and corporations repeatedly since then. That is why our infrastructure decayed. It is why we have such a terrible healthcare system.Teddy warned us about the dangerous wealthy acting behind the scenes to take power. He said they were a threat to the American experiment. https://www.azquotes.com/author/12606-Theodore_Roosevelt/tag/wealth
 
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