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Joe Biden to Tax American Business at Higher Rate than Communist China
Breitbart ^ | 03/31/2021 | Wendell Husebo

Posted on 03/31/2021 8:16:53 AM PDT by ChicagoConservative27

President Joe Biden plans to propose a tax on American businesses at a higher corporate tax rate than Communist China charges American businesses.

Biden will travel to Pittsburgh Wednesday to present a 2.25 trillion dollar package that would, if passed into law, increase the corporate tax rate from 21 percent to 28 percent, outdoing Communist China’s corporate tax rate of 25 percent, just after former President Trump lowered the tax from 35 percent to the current 21 percent.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: american; biden; china; tax
Mao is smiling in hell.
1 posted on 03/31/2021 8:16:53 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Anything to give China the edge. China doesn’t need any help.


2 posted on 03/31/2021 8:19:10 AM PDT by virgil (The evil that men do lives after them )
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To: ChicagoConservative27

Killing of America continues


3 posted on 03/31/2021 8:19:52 AM PDT by goodnesswins (The issue is never the issue. The issue is always the revolution." -- Saul Alinksy)
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To: ChicagoConservative27

10% for the Big Guy.


4 posted on 03/31/2021 8:20:58 AM PDT by ClearCase_guy ("I see you did something -- why you so racist?")
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To: ChicagoConservative27

As we know it won’t bring in one extra cent.

And the commie-libs know this. It is purposeful destruction to bring about their desired totalitarian state.


5 posted on 03/31/2021 8:25:07 AM PDT by Seruzawa (The political Left is the Garden of Eden of Incompetence - Marx the Smarter (Groucho))
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To: ChicagoConservative27

They forget to mention all the regulations and environmental “taxes” China doesn’t have as well.


6 posted on 03/31/2021 8:26:16 AM PDT by alternatives? (If our borders are not secure, why fund an army?)
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To: ChicagoConservative27

Trump did everything he could to keep American businesses in America. Biden’s policies will reverse all the good Trump did.

What American businessman in his right mind would want to build a factory in a country with high taxes and choking regulations? It would almost be a matter of survival to build overseas instead.


7 posted on 03/31/2021 8:26:46 AM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: ChicagoConservative27

The democrats are not taxing businesses. They are taxing the consumers of the products made by those businesses.


8 posted on 03/31/2021 8:28:45 AM PDT by Dutch Boy
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To: ChicagoConservative27

Trump put tariffs on China to benefit America.

Biden puts tariffs on America to benefit China.


9 posted on 03/31/2021 8:34:04 AM PDT by MercyFlush (Senator Joseph McCarthy was right. )
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To: alternatives?
They forget to mention all the regulations and environmental “taxes” China doesn’t have as well.

True.

I remember news photos of thousands of Chinese wearing masks to supposedly save them from industrial particulate pollution in the air. Smog. Long before their WuHan Covid release.

10 posted on 03/31/2021 8:38:34 AM PDT by frank ballenger (End vote fraud, harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: frank ballenger
Trump and the stack of regulations deleted

Trump's rule....for every new regulation...2 must be deleted

Over his tenure, for every regulation deleted....8 were deleted

That's our Best President EVAH

Exceeding all expectations

It's the American way.

11 posted on 03/31/2021 8:44:47 AM PDT by spokeshave (White Confederate statue kills black man......Another month of protests.... (HT to seawolf101))
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To: ChicagoConservative27

It is blatantly obvious that Biden and his criminal democrats want to kill American business in order to bolster the economy of China. Best way to do that is through higher taxes and strangling regulations. Communist criminals them all!


12 posted on 03/31/2021 8:45:39 AM PDT by drypowder
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To: ChicagoConservative27

Awesome! /s


13 posted on 03/31/2021 8:54:03 AM PDT by Irenic ( )
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To: ChicagoConservative27

He is t r Ying to drive businesses offshore again. Trump got them to come back, biden is driving them away again. What possible reason could he have for doing that?


14 posted on 03/31/2021 9:10:57 AM PDT by Bob434
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To: Irenic

Joe Biden to Tax American Business at Higher Rate than Communist China

Good ole Joe Bidet doing what the CCP asks of him.


15 posted on 03/31/2021 9:13:18 AM PDT by JayAr36 (My disgust with government is complete.)
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To: ChicagoConservative27

Guess who gets to make up the profit margins.


16 posted on 03/31/2021 9:30:33 AM PDT by bgill
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To: ChicagoConservative27

Why not? China isn’t promising free stuff to illegal border crossers so they don’t need as much in tax revenue.


17 posted on 03/31/2021 9:32:39 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: JayAr36

Easy enough, it’s like a zombie wasp got ahold of him.

I would like to boot Biden voters in the pants.

Plant a chit ton of Sweet Alyssum around the capital, that attracts zombie wasps— then maybe we could get the government to do as we needed. hahaha


18 posted on 03/31/2021 10:32:13 AM PDT by Irenic ( )
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Comment #19 Removed by Moderator

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