This appears to be the acid test for democrats.... how little they are going to screw American workers and their employers.....
https://www.politico.com/news/2019/12/04/biden-tax-increase-democratic-rivals-075462
Joe Biden has spelled out which taxes he would raise to pay for his policy priorities if he's elected president, a $3.2 trillion list that would have the wealthy and corporations paying more to the IRS.
On the business side, the former vice president proposes to raise the corporate tax rate from 21 percent to 28 percent and to place a minimum tax on companies’ pre-tax income, as a way to ensure that large multinational corporations pay at least something.
Biden would also seek to curb the ability of corporations to shift profits offshore, by sanctioning countries that facilitate tax avoidance. He didn't identify which of the numerous countries known to have business-friendly tax policies would be targeted by such a plan.
https://www.politico.com/news/2019/12/04/biden-tax-increase-democratic-rivals-075462
Joe Biden has spelled out which taxes he would raise to pay for his policy priorities if he's elected president, a $3.2 trillion list that would have the wealthy and corporations paying more to the IRS.
On the business side, the former vice president proposes to raise the corporate tax rate from 21 percent to 28 percent and to place a minimum tax on companies’ pre-tax income, as a way to ensure that large multinational corporations pay at least something.
Biden would also seek to curb the ability of corporations to shift profits offshore, by sanctioning countries that facilitate tax avoidance. He didn't identify which of the numerous countries known to have business-friendly tax policies would be targeted by such a plan.
