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liberalgunwilltravel

(325 posts)

17. A very smart move

Thu Jun 3, 2021, 12:50 PM

Jun 2021

Folks,
I really think many of you are reading this the wrong way. This is a brilliant move by team Biden. It boxes his opponents in. It doesn't lower the corporate tax rate but it does remove the loopholes that allows the most profitable companies in America to pay zero in taxes, so at least they will pay 15%. That will bring in more money than the current tax rate or even if it was raised to 28%. Also, Joe doesn't expect the Republicans to agree to it. It is not focused on the GOP. It's focused on Manchin, Sinema and the EU, where the Biden Administration is pushing for a minimum tax so US companies can't hide their profits in foreign tax shelters. I am disappointed that so many are misinterpreting this move.

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Biden offers major change to tax proposal in effort to secure infrastructure deal with Republicans [View all] BumRushDaShow Jun 2021 OP

I feel seta1950 Jun 2021 #1

We went from 2.2 to 1.8 to 'round 1 trilion and corporate still get a free pass. LizBeth Jun 2021 #2

soon it will be just called pave a road bill if he keeps trying to placate the fascists. nt yaesu Jun 2021 #21

+1 LizBeth Jun 2021 #22

This would actually get MORE revenue from corporations oldsoftie Jun 2021 #27

More concerned with the "around" a trillion LizBeth Jun 2021 #28

There won't be any compromise with the republicans, and I predict no later than two JohnSJ Jun 2021 #3

Yup - he's got another reconcilliation option there BumRushDaShow Jun 2021 #12

I hope when they go alone they bring it back to the 2.2 and not 1 trillion there abouts. LizBeth Jun 2021 #23

I agree. tecelote Jun 2021 #30

I don't see why not JohnSJ Jun 2021 #33

Yeah EndlessWire Jun 2021 #4

Everybody knows the trick why don't the Democrats droidamus2 Jun 2021 #5

This has to be a fucking joke, right??????? AZ8theist Jun 2021 #6

REPEAL AND REPLACE THE FUCKING TRUMP TAX SCAM. AZ8theist Jun 2021 #7

LMAO aocommunalpunch Jun 2021 #8

I thought Democrats learned the lesson with the ACA. Biden should have. Lonestarblue Jun 2021 #9

+1 LizBeth Jun 2021 #24

So it's more important to cave Glaisne Jun 2021 #10

So, we capitulating AGAIN, right? LenaBaby61 Jun 2021 #11

Republicans won't be happy until gas tax is $2 a gallon and half of it goes to tax cuts for them bucolic_frolic Jun 2021 #13

FFS, Joe. Read the room. intheflow Jun 2021 #14

No Marthe48 Jun 2021 #15

We all know they will water down the bill and not vote for it anyway FloridaBlues Jun 2021 #16

A very smart move liberalgunwilltravel Jun 2021 #17

I basically posted that above BumRushDaShow Jun 2021 #18

Sorry liberalgunwilltravel Jun 2021 #34

Apparently based on Manchin BumRushDaShow Jun 2021 #35

That's my take liberalgunwilltravel Jun 2021 #38

The excerpts from the WaPo opinion piece I had posted upthread BumRushDaShow Jun 2021 #39

YES!! But too many have that "hit 'em hard" reaction oldsoftie Jun 2021 #26

I agree that this is aimed toward Manchin and Sinema. patphil Jun 2021 #31

Yeah, sure - that's what we heard in 2009 and look at what happened - if Ted Kennedy had not been Hestia Jun 2021 #42

Now, where have we seen THIS trick before? Moostache Jun 2021 #19

Hopefully It's Kabuki WHITT Jun 2021 #20

FINALLY looking at reality oldsoftie Jun 2021 #25

This is the moment for Manchin and Sinema stillcool Jun 2021 #29

The corporate tax rate proposal doesn't sound bad mvd Jun 2021 #32

Joe, you know when they say 'bipartisan' they mean louis-t Jun 2021 #36

Biden knows they would vote against it anyway. This is just a perfunctory step to placate Manchin. PSPS Jun 2021 #37

This is Obamacare 2.0. The Reich Wing will sign nothing. kairos12 Jun 2021 #40

The ACA & PPA BumRushDaShow Jun 2021 #41