Biden wants to raise the corporate tax rate from 21 to 28% but Manchin won’t go beyond 25%. Giving a low corporate tax rate to multi-billion dollar industries that pay their workers survival wages & their CEOs tens of millions of dollars a year is not competitive, it’s immoral

Apr 13, 2021 · 11:03 PM UTC

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Replying to @marwilliamson
21% effective tax rate = 0% 28% effective tax rate = 0%
Replying to @marwilliamson
Who do you think will pay that tax increase??? I bet not one single CEO takes a pay cut. More Dem logic.