Joe Biden pledges to roll back Trump's corporate tax cuts on 'day one' of his presidency - Business Insider

Presumptive Democratic presidential nominee former Vice President Joe Biden delivers a speech at the William Hicks Anderson Community Center, on July 28, 2020 in Wilmington, Delaware.Joe Biden pledged in a CNN interview to roll back President Donald Trump's corporate tax cuts on "day one" of his presidency, arguing it wouldn't hurt businesses' ability to hire.

Biden's tax plan includes a partial rollback of the GOP's 2017 tax cuts, raising it to 28% from its current level of 21%. "I'd make the changes on the corporate taxes on day one," he said. "We've got to get people investing," Biden said. "So the idea that we take that money and put it into new investments in manufacturing, education, healthcare, these are the things that matter to middle-class families."The former vice president's tax plans would raise $4 trillion in new federal revenue over a decade,The think tank projected the corporate tax portion accounted for $1.3 trillion.

Wrong again.

As a business person. This will translate into a disaster for businesses (and employees and stock owners of it was a big corporation).

Good luck running on that

Only if he wins the Senate. Without the Senate, he can't roll back shit.

Joe never had to meet a payroll. Spent 47 years drawing a paycheck from taxpayers. Clueless.

Won’t hurt business ABILITY to hire. Will hurt business INCENTIVE to hire. With five decades in government,Biden doesn’t understand capitalism and why it works. Senators aren’t expected to meet deadlines or be productive, are rarely even fired for doing nothing, or worse.

oh man, even the flow through 20% break?

Don’t touch my jobs—that’s the only reason why as a democrat, I will cast my vote for realDonaldTrump . Dems ain’t good with job creation. Dems are lords of poverty and dope

bro really not trying to get elected lol

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