Rural Radio Network on Nostr: Biden to highlight rebounding economy during SOTU, renew tax proposals for large ...
Biden to highlight rebounding economy during SOTU, renew tax proposals for large corporations
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President Joe Biden is expected to address the economy during his State of the Union address, renewing his calls for increased taxes on corporations and billionaires, eliminating student debt, and highlighting the economic rebound since he became president. He will mention adding nearly 15 million jobs, rising wages, an unemployment rate below 4% for the past two years, and a steadily dropping inflation rate. Biden will also discuss efforts to crackdown on 'junk fees' and 'shrinkflation' in various sectors. He plans to propose raising the corporate minimum tax to 28% and a 25% minimum tax for billionaires. He will argue against the GOP plan, stating that it would add over $3 trillion to deficits over 10 years while providing tax cuts for those making over $4.5 million.
#JoeBiden #StateOfTheUnion #Economy #TaxProposals #Corporations #Billionaires
https://ruralradio.com/abc_news/biden-to-highlight-rebounding-economy-during-sotu-renew-tax-proposals-for-large-corporations-abcid0a7393cf/
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President Joe Biden is expected to address the economy during his State of the Union address, renewing his calls for increased taxes on corporations and billionaires, eliminating student debt, and highlighting the economic rebound since he became president. He will mention adding nearly 15 million jobs, rising wages, an unemployment rate below 4% for the past two years, and a steadily dropping inflation rate. Biden will also discuss efforts to crackdown on 'junk fees' and 'shrinkflation' in various sectors. He plans to propose raising the corporate minimum tax to 28% and a 25% minimum tax for billionaires. He will argue against the GOP plan, stating that it would add over $3 trillion to deficits over 10 years while providing tax cuts for those making over $4.5 million.
#JoeBiden #StateOfTheUnion #Economy #TaxProposals #Corporations #Billionaires
https://ruralradio.com/abc_news/biden-to-highlight-rebounding-economy-during-sotu-renew-tax-proposals-for-large-corporations-abcid0a7393cf/