that called for higher corporate tax rates for corporations that pay CEOs far more than their workers' median salaries.earlier this week, Biden hit out at corporate America's tax avoidance schemes, noting companies have long used loopholes, shelters and international havens to dodge taxes.
"We're going to reform corporate taxes so they pay their fair share and help pay for the public investments their businesses will benefit from as well," he said. Biden's American Families Plan, unveiled this week, proposed tax increases on the wealthiest Americans to pay for initiatives including universal preschool, two years of free community college and child care.
The plan would raise about $1.5 trillion over a decade by ensuring the highest earners pay the tax they owe, the White HouseIt comes after Biden enacted a $1.9 trillion stimulus package in March that aimed to help those suffering due to the pandemic-induced jobs crisis with $1,400 stimulus checks and a $300 federal supplement to weekly unemployment benefits.
Money in the rescue package was also set aside to address the nation's income inequality by combating child poverty, among other measures.In an interview this week, Sanders praised Biden for having"recognized the enormous crises facing this country and the degree to which people have been suffering as a result of a pandemic."
W.T.A.F? Right-wingers are being convinced that it is good for them to remain the 'working poor'
The fuck he did. Did a billionaire write this shit
This is classic 'we'll all be equally poor' nonsense.
Munger was initially rejected by his daddy’s alma mater Harvard Law because he had no undergrad degree. A call from a “family friend” changed that. 97 year old white privileged man would have been wealthy in any generation. Aren’t you a hoot, Charlie?
Under Socialism - which flat out NEVER works - people become “more equal” because everyone is equally less wealthy and more miserable. That’s what Munger was referring to, but Newsweek goes with it to list all the idiotic Dem “ideas” that are going to simply screw everything up
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