- By Joergen Haisem
- (General Dispatch) – On Monday, U.S. President Joe Biden expressed that he is not at all worried about the increase in tax rates that U.S. companies will have to start paying.
- According to some economists, this decision will undoubtedly cause corporations to be forced to leave the country and invest elsewhere.
- Reporters confronted Biden on the questions implicit in the tax rate measure, which is being raised from 21% to 28% simply to support his $2.5 trillion infrastructure.
- At the same time, a journalist asked him if he did not mind if the corporations, in view of the measure, desist from staying in the country and leave. He immediately answered “No, not at all”.
- It is demonstrated that Joe Biden no longer uses an image of appearance and speaks clearly to the country about his true intentions.
- Biden’s argumentation makes a special emphasis on the fact that for years American companies did not pay a penny of taxes and that this has come to an end.
- Therefore, he once again commented that his infrastructure plan will be an important achievement for the nation, since other countries do it and he will not be left behind.
- Finally, the materiality of the promises made during his campaign are beginning to arrive, without a doubt, the United States will continue to enter an inevitable economic recession, as the nation’s productive apparatus begins to decline.
Adittional Information:
Breitbart: Joe Biden ‘Not Worried at All’ About Higher Taxes Pushing Corporations Out of the United States
CNBC: Biden says higher corporate tax won’t hurt economy; Manchin opposes 28% rate
