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Joe Manchin Already Trying To TORPEDO Biden's Tax Plan

Secular Talk

April 7th 2021

Support The Show On Patreon!: https://www.patreon.com/seculartalk Subscribe to Krystal Kyle & Friends On Substack!: https://krystalkyleandfriends.substack.com/p/coming-soon President Joe Biden’s $2.25 trillion economic plan ran into trouble Monday with a key Senate Democrat, West Virginia’s Joe Manchin, who demanded changes to tax provisions in order to secure his crucial support. Manchin told a local news outlet he wouldn’t support raising the corporate tax rate from 21% to 28% as Biden proposed to pay for increased infrastructure and social-welfare spending. Manchin said he would be in favor of closing tax “loopholes” that benefit the wealthy and could support an increase in the corporate rate to 25%, which he said is the global average. In 2017, Manchin proposed a 25% corporate rate as an amendment to the Republican tax law. https://www.bloomberg.com/news/articles/2021-04-05/manchin-balks-at-biden-s-corporate-tax-increase-favors-25-rate Follow Kyle on Twitter: http://www.twitter.com/kylekulinski


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