Posted on 04/14/2021 9:02:20 AM PDT by JV3MRC
The ABC, CBS and NBC evening news shows continued to suffer from a chronic condition of ignorance to news that could damage President Joe Biden’s agenda to hike taxes.
The Business Roundtable (BRT) released a survey April 12 headlined, “Business Roundtable Survey Finds Corporate Tax Increases Would Weaken U.S. Business Expansion, Hiring, Investments in R&D and Innovation.” The survey of 178 CEOs conducted between March 8 and March 19 revealed very damaging news to Biden’s agenda: “98 percent of CEOs said that an increase in the corporate tax rate from 21 percent to 28 percent would have a ‘moderately’ to ‘very’ significant adverse effect on their company’s competitiveness.” If that wasn’t bad enough, “71 percent said it would negatively affect their ability to hire, and nearly two-thirds said it would result in slower wage growth for U.S. workers.”
One glaring irony is that Amazon CEO Jeff Bezos is a member of the BRT. Bezos recently came out in support of Biden’s plans to hike the corporate tax rate. Amazon has a history of paying little to no federal income tax.
ABC World News Tonight, CBS Evening News and NBC Nightly News ignored reporting the story over two consecutive nights of news coverage — April 12 and April 13. The networks also didn’t think Bezos’s membership in an association that rebuked the Biden tax agenda he’s supporting was worth mentioning.
(Excerpt) Read more at newsbusters.org ...
More like the Mediocre Three.................
You can’t just keep providing free stuff. Somebody has to pay.
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