Economy Is Bouncing Back, But Proposed Tax Hikes Could Stifle Growth

Newly Released Economic Data Show The Economy Is Experiencing Accelerated Growth, Potentially Signaling A Rebound From The Economic Downturn Caused By The Pandemic, But Critics Warn Proposed Tax Hikes Could Stifle That Growth.

Read more

Biden’s Tax Increases Would Kill 1 Million Jobs In Two Years

Biden Has Proposed Increasing The Corporate Tax Rate From 21% To 28%, Reinstating The Corporate Alternative Minimum Tax, Increasing The Top Individual Tax Rate, And Amending Several Other Aspects Of The Tax Code.

Read more

TN Rep Proposes Extension Of Business Tax Break Incentives For Low-Income Communities

Part Of A New Economic Policy Initiative By Tim Burchett Is The Opportunity Zone Extension Act Of 2021, Which Would Add Two Years To The Current Opportunity Zones Program, Giving More Time For Investment In Communities Impacted By The Coronavirus Pandemic.

Read more

Biden Pushes More Audits, Higher Corporate Taxes To Fund Infrastructure Bill

The “Made In America Tax Plan,” Focuses On Raising Taxes On Corporations And Preventing Them From Moving Profits Overseas. The Plan Claims To Raise $2.5 Trillion Over 15 Years But the Tax Hike Has Raised Concerns From Economists, Republicans And Some Democrats.

Read more

Biden Pushes $2 Trillion Infrastructure Spending Plan

Biden Has Unveiled a $2 Trillion Infrastructure Spending Proposal Called The “Build Back Better” Plan Labeled A “Liberal Wish List” By Some, While Others Say Plan Does Not Have A High-Enough Dollar Amount.

Read more

Biden Plans First Major U.S. Tax Increase In Decades

President Joe Biden Is Planning The First Major Federal Tax Hike In Nearly 30 Years. Biden Has Not Released The Full Tax Plan, But Sources Say Proposed Changes Would Raise Taxes, Including The Corporate Tax Rate, To Help Fund An Anticipated Several Trillion Dollars In Additional Federal Spending.

Read more

Biden Corporate Taxes Will Send Jobs Overseas

Biden has proposed $4 trillion in tax increases on American families and businesses. While Biden touts his tax hike plan as a way to ensure corporations “pay their fair share,” the proposal will harm the U.S. economy at a time that it is recovering from the coronavirus pandemic. These tax hikes will make America a more uncompetitive place to do business, send jobs overseas, trigger a return of corporate inversions, and make it easier for foreign businesses to acquire U.S. companies.

Read more