The walls are closing in on President Joe Biden. He is pushing a new tax plan on the American people under the veiled guise of infrastructure and recovery, but the truth is something far more sinister.
The evidence reveals that Biden “plans to propose a tax on American businesses at a higher corporate tax rate than Communist China charges American businesses,” reports Breitbart News.
According to Breitbart, Biden’s proposed plan would “increase the corporate tax rate from 21 percent to 28 percent, outdoing Communist China’s corporate tax rate of 25 percent.”
This is not nearly enough. The important context here is that it’s $2.25T spread out over 10 years.
For context, the COVID package was $1.9T for this year *alone,* with some provisions lasting 2 years.
Needs to be way bigger. https://t.co/eTQ7cxuTzF
— Alexandria Ocasio-Cortez (@AOC) March 30, 2021
To read more about this story, click here.