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  • Big Three IGNORE Tax Foundation Report Excoriating Biden’s Keynesian Infrastructure Plan

    04/06/2021 2:13:00 PM PDT · by JV3MRC · 3 replies
    NewsBusters ^ | 4/6/2021 | Joseph Vazquez
    A new economic report lambasting President Joe Biden’s multitrillion-dollar infrastructure agenda was shoved under the rug by the ABC, CBS and NBC evening networks. The Tax Foundation released a new analysis March 31 on Biden’s plan headlined “President Biden’s Infrastructure Plan Raises Taxes on U.S. Production.” The report summarized that “[t]he proposal’s tax increases on corporations are among the most harmful options to pay for the increased spending.” The report continued: “While the President’s plan emphasizes making goods in America, the tax increases will raise the cost of production in the U.S, erode American competitiveness, and slow our economic recovery.”...