- Mar 25, 2017
- Reaction score
Raise the minimum wage instead! Higher paid labor Creates more in Demand and generates more in tax revenue.President Joe Biden’s plan to hike the corporate tax rate could cost one million jobs if coupled with other measures that reverse former President Donald Trump’s tax cuts.
A study from the National Association of Manufacturers (NAM) found that if the corporate tax rate is raised to 28% and should Biden follow through on his campaign promise to repeal certain elements of Trump’s Tax Cuts and Jobs Act (TCJA) then approximately one million jobs could be lost.
Study Calculates How Many Jobs Could Be Lost If Biden Hikes Corporate Tax Rate, Reverses Trump-Era Tax Cuts
You do realize this thread is about jobs being lost under Biden. Good luck getting a raise...dumbass.