How Biden’s New Tax Plan Could Undermine the U.S. Recovery
The National Interest -

Rachel Bucchino

Build Back Better,

Right now, it is the worst time possible to be considering tax hikes, as we saw the recent jobs numbers that drastically underperformed expectations.

Here's What You Need to Remember: Biden’s tax plan includes several other provisions such as enacting a 15 percent minimum tax on “book income” for corporations, pushing for an international agreement to impose global minimum corporate taxes, replacing fossil fuel subsidies with “green energy” incentives and...

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