Tag: infrastructure plan
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Biden going after corporate tax shelters
As expected, President Joe Biden is raising taxes on the wealthy. In order to pay for his massive infrastructure program and family plan, he is setting his sights on corporate loopholes, shelters and international havens. The Associated Press has the story: Biden shifting tax burden to corporations in attempt to shrink income inequity WASHINGTON (AP)…
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Biden’s speech: Jobs, spending, raising taxes
Biden’s first address to a joint session of Congress focused considerably on his expensive infrastructure program. He also mentioned “jobs” 43 times and admitted that taxes will need to be raised on the wealthy in order to pay for everything. The Associated Press has the story: Biden’s first speech to a joint session of Congress…
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Biden’s new $100b broadband plan explained
President Joe Biden has proposed a $2.3 trillion infrastructure plan that will include $100 billion for broadband. Republicans are critical of the move, saying it will raise taxes, while Democrats have proposed similar initiatives of their own. The Associated Press has the story: Biden’s pricey broadband proposal attempts to lower the cost of internet service…