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Tax Increases to Outweigh Benefits of Biden Infrastructure Plan, Experts Warn
The Epoch Times ^ | April 1, 2021 | Emel Akan

Posted on 04/01/2021 8:25:10 PM PDT by Yong

WASHINGTON—President Joe Biden has unveiled his ambitious infrastructure package, which proposes substantial tax increases on U.S. corporations to pay for the $2 trillion price tag. However, experts say the economic harm from an increase in corporate taxes will offset the benefits created by the infrastructure investment, raising skepticism about the plan.


TOPICS: Government; News/Current Events
KEYWORDS: 1of; bot; epochtimespimp; infrastructure; postandrun; tax; taxes

1 posted on 04/01/2021 8:25:10 PM PDT by Yong
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To: Yong

It also doesn’t help that only 5% of the bill’s budget goes to roads and bridges.


2 posted on 04/01/2021 8:30:16 PM PDT by SaxxonWoods (Any comment might be sarcasm, or not. It depends. Often I'm not sure either.)
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To: Yong

Here’s and idea, take all of the fees for car registrations, current gas taxes and tolls and use it to fix the roads and bridges. I think this is a great idea and I’m not sure why we haven’t thought of this earlier.


3 posted on 04/01/2021 8:31:30 PM PDT by frogjerk (I will not do business with fascists)
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To: Yong

https://freerepublic.com/donate/


4 posted on 04/01/2021 8:32:19 PM PDT by ButThreeLeftsDo (Tagline Under Review)
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To: Yong

The fundamental relationship between citizen and government has changed. Once government needed the assent of the citizenry to raise taxes and spend money. Now they simply create it, spend it immediately with no popular consensus, and dine-and-dash on the citizens.


5 posted on 04/01/2021 8:37:06 PM PDT by Dr.Deth
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To: Yong

It’s never about what the legislation says. It is about control and crony payments. What single member of the senate or the house has read any bill ever passed? NAME ONE INDIVIDUAL!!!! JUST ONE!!!! A five thousand page bill? This is not true government, this is tyranny. We need a second Declaration of Independence and a second Revolution. Wake up people.


6 posted on 04/01/2021 8:42:37 PM PDT by Fungi
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To: Yong

How is fraud and graft going to benefit anyone, except the corrupt Biden cadre and his Oligarch overlords? Simple, it keeps unemployable woke idiots employed, as CRT trainers, nameless faceless bureaucrats, and corrupt DOJ, FBI, ATF, and NSA operatives.

It will be like Christmas to the corrupt woke children just graduating from failed Universities. No benefits that I can see for the American people, those whose children will be saddled with all of this crushing debt.


7 posted on 04/01/2021 8:44:03 PM PDT by Richard Axtell (President Asterisk is an ass to risk the economy and rights of all Americans.)
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To: Yong; rustyweiss74; gaggs; ANDmagazine.com; hassan.mahmoud; WTanner1776; Steve1999; Rakhi Sarkar; ..

When you’re not posting clickbait, how about a donation?

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8 posted on 04/01/2021 9:09:54 PM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: Yong

What benefits?


9 posted on 04/01/2021 9:11:08 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: Yong

Remember to some “harm” is a feature not a bug.


10 posted on 04/01/2021 9:12:18 PM PDT by lastchance
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To: SaxxonWoods
In Biden’s $2.5 trillion infrastructure bill...Only 157 Billion to Infastructure...the rest to fight climate change and social justice projects.

115 billion in spending to "modernize the bridges, highways, roads, and main streets”

$25 billion on airports

$17 billion on inland waterways, coastal ports, land ports of entry, and ferries

11 posted on 04/01/2021 10:24:25 PM PDT by caww ( because lawlessness will be increased, the love of many will grow cold. Matt:24:12)
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