Biden willing to accept 25% corporate tax rate to fund spending programs

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Biden willing to accept 25% corporate tax rate to fund spending programs

Reuters2021-05-07

U.S. President Joe Biden said a corporate tax rate between 25% and 28% could help pay for badly needed infrastructure, suggesting he could accept a lower rate than what he has proposed in his search ...

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letsgo8
·2021-05-07
Noprob[Miser]
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1
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Iinus
·2021-05-07
Less money for company’s for share buy back
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- InvKeJ:
  omg
  2021-05-07
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Niki2307
·2021-05-07
[Smile] [Smile] [Smile]
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- Vincentgo:
  ??
  2021-05-07
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- scenichu:
  ???
  2021-05-07
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Jason1989
·2021-05-07
Wow. That alot
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- EV8:
  ??
  2021-05-08
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Weeckee
·2021-05-07
Good or bad who knows. Time will tell
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H772
·2021-05-07
Wow. Good or bad?
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Delvin
·2021-05-07
Okay
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erichosk
·2021-05-07
Things are getting expensive.
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xiaobaii
·2021-05-07
Like & Comment Please
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- Timtan85:
  Like comment
  2021-05-07
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png
·2021-05-07
Biden for the win!
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- xiaobaii:
  Like & Comment Please
  2021-05-07
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AhKeong
·2021-05-07
25%..... That's nice... Good sum
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- xiaobaii:
  Like & Comment Please
  2021-05-07
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Ysheng
·2021-05-07
Like and comment.
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- xiaobaii:
  Like & Comment Please
  2021-05-07
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NareshwG
·2021-05-07
No matter how much they tax, the question is where is the money going??When corporations pay more tax, where do you think they will pass down the cost? The end users, definitely.. That's how inflation begins..
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- ubi:
  tax is not good for ordinary citizen. boss have to pay more taxes more expenses for the company. in return the employee get less to bring home
  2021-05-07
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Dtaylol
·2021-05-07
Wow
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- xiaobaii:
  Like & Comment Please
  2021-05-07
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- Hamsterwan:
  haha
  2021-05-07
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Dad123
·2021-05-07
Like and comment please!
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- JemsReplying toGreen_Bull:
  thanks!
  2021-05-07
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- Jems:
  thx
  2021-05-07
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- Jems:
  haa
  2021-05-07
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andybian
·2021-05-07
Tax rate on 4%> increment means Cash flow <4%? Companies reinject profits back into asset purchasing or expansion could mitigate the rise of tax slightly. I guess so?
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Siawei
·2021-05-07
Good news. No wonder closed greed
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- Hamsterwan:
  haha
  2021-05-07
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SSVC
·2021-05-07
Hmm. Appreciate your response and comments Thanks
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- SSVC:
  [强][握手]
  2021-05-07
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- SSVC:
  [强][握手]
  2021-05-07
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- Dad123Replying toSSVC:
  Comment back please!
  2021-05-07
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Nick74
·2021-05-07
Leave a comment . Thanks
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- ZachLoh:
  TY
  2021-05-07
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- Dad123:
  Comment back please!
  2021-05-07
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- ZachLoh:
  Response back comment plz
  2021-05-07
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yyhwin
·2021-05-07
Hi again
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Tax experts and congressional aides told Reuters in April that a25% rate would be a likely compromise.\n\"What I'm proposing is badly needed\" and will be paid for, said Biden, dismissing the \"trickle down\" theory that helping businesses and the wealthy will benefit those farther down the economic ladder. \"We've got to build from the bottom up and the middle out.\"\nBehind Biden as he spoke was the Calcasieu River Bridge, a structure built in 1952, which he said was 20 years past its expiration date. Bumper-to-bumper traffic crawled across it.\n\"That’s a recipe for disaster,\" Biden said of the crowded bridge.\nLater, he stopped in New Orleans to tour the Sewerage & Water Board's Carrollton Water Plant and discuss the need for spending on water infrastructure.\nThe U.S. corporate tax rate dropped to 21% from 35% after the 2017 tax cut pushed by then-President Donald Trump and his fellow Republicans, but many big U.S. companies pay much less.\nIncreasing what companies payinto the more than $4 trillion federal budget is an important part of Biden’s plan to restructure the U.S. economy to reduce inequality and to try to counter China’s rise.\nBiden's visit to storm-battered Louisiana, which has backed Republican presidential candidates for the past 20 years, is part of his \"Getting America Back on Track Tour\" to promote a $2.25 trillion infrastructure spending plan and a $1.8 billion education and childcare proposal.\nHis push to spend more federal money on schools, roads, job training and other public works, and to tax the wealthiest Americans and companies to pay for it, is popular with voters of both parties. But the plans face stiff opposition from Republican lawmakers.\nThe White House is betting trips like this will build public support for Biden and his spending proposals, even amongRepublican voters who backed Trump, who continues to hold enormous sway over his party.\nCongressional Republicans oppose Biden’s proposed $2.25 trillion in infrastructure spending over a decade, saying the higher taxes that would be levied on corporations to fund it would cost jobs and slow the economy.\nTrump has said increasing taxes on corporations could prompt some to relocate overseas in search of a better tax environment.\nThe U.S. economy has boomed under higher levels of corporate taxation, such as in the 1960s and the 1990s.\nIn the closely divided Senate, Biden would need every Democratic vote if no Republicans support the bill. Biden said in Lake Charles he was meeting with Republicans in Congress to see \"how much they’re willing to go for, what they think are the priorities, and what compromises\" they can offer.\n\"I’m ready to compromise,\" Biden said. \"I’m not ready to have another period where America has another ‘Infrastructure Month’ and doesn’t change a damn thing.\"\nSome Republicans have offered a far smaller package: $568 billion, focused on roads, bridges, broadband access and drinking water improvements. However, much of that reflects money the federal government is already expected to spend for that infrastructure.\nU.S. Senate Minority Leader Mitch McConnell predicted last week that Biden’s infrastructure and jobs plan wouldnot get support from Republican lawmakers.\n“I’m going to fight them every step of the way, because I think this is the wrong prescription for America,” McConnell said at an event in his home state of Kentucky last month.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":104619712,"gmtCreate":1620383671336,"gmtModify":1704342874148,"author":{"id":"3575378189904678","authorId":"3575378189904678","name":"letsgo8","avatar":"https://static.tigerbbs.com/cfa8cd71bc61e78a08bb731667341ac4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575378189904678","authorIdStr":"3575378189904678"},"htmlText":"Noprob[Miser]&nbsp;","listText":"Noprob[Miser]&nbsp;","text":"Noprob[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104619712","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104110872,"gmtCreate":1620362444596,"gmtModify":1704342591774,"author":{"id":"3554042150050333","authorId":"3554042150050333","name":"Iinus","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3554042150050333","authorIdStr":"3554042150050333"},"htmlText":"Less money for company’s for share buy back&nbsp;","listText":"Less money for company’s for share buy back&nbsp;","text":"Less money for company’s for share buy back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104110872","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4250379,"gmtCreate":1620363719206,"gmtModify":1680787425926,"authorId":3568604152273081,"author":{"id":3568604152273081,"idStr":"3568604152273081","authorId":3568604152273081,"name":"InvKeJ","avatar":"https://static.tigerbbs.com/eb46c2d2a0ca796984a96209e201759d","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104110872,"type":1,"supId":0,"prevId":0,"content":"<u>omg</u>","text":"<u>omg</u>","html":"<u>omg</u>"}],"langContent":"EN"},{"id":104199370,"gmtCreate":1620361144290,"gmtModify":1704342563438,"author":{"id":"3575688888451618","authorId":"3575688888451618","name":"Niki2307","avatar":"https://static.tigerbbs.com/76a9bfe7f6ca2e96a15f98f0d050e22c","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3575688888451618","authorIdStr":"3575688888451618"},"htmlText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/104199370","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4250948,"gmtCreate":1620369476238,"gmtModify":1680787433365,"authorId":3565726410947568,"author":{"id":3565726410947568,"idStr":"3565726410947568","authorId":3565726410947568,"name":"Vincentgo","avatar":"https://static.tigerbbs.com/9f95e94220b2ce2d197551e1727d6cab","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104199370,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"},{"id":4250285,"gmtCreate":1620363049061,"gmtModify":1680787428203,"authorId":3554951292305587,"author":{"id":3554951292305587,"idStr":"3554951292305587","authorId":3554951292305587,"name":"scenichu","avatar":"https://static.tigerbbs.com/e2d5eb7de52de2d76f08c9564d26fe90","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104199370,"type":1,"supId":0,"prevId":0,"content":"???","text":"???","html":"???"}],"langContent":"EN"},{"id":104346260,"gmtCreate":1620359363850,"gmtModify":1704342527443,"author":{"id":"3574900438263615","authorId":"3574900438263615","name":"Jason1989","avatar":"https://static.tigerbbs.com/76dc78bffeef938c039d38e48e2042e1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574900438263615","authorIdStr":"3574900438263615"},"htmlText":"Wow. That alot","listText":"Wow. That alot","text":"Wow. That alot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104346260","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4261786,"gmtCreate":1620455689072,"gmtModify":1680787603652,"authorId":3576472032670521,"author":{"id":3576472032670521,"idStr":"3576472032670521","authorId":3576472032670521,"name":"EV8","avatar":"https://community-static.tradeup.com/news/49db5086746d5ad4581b298b77a14995","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.19%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104346260,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":104325362,"gmtCreate":1620357788956,"gmtModify":1704342503242,"author":{"id":"3582072953259355","authorId":"3582072953259355","name":"Weeckee","avatar":"https://static.itradeup.com/news/fa7604d9be05bbf456327176402c13a9","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582072953259355","authorIdStr":"3582072953259355"},"htmlText":"Good or bad who knows. Time will tell","listText":"Good or bad who knows. Time will tell","text":"Good or bad who knows. Time will tell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104325362","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104328089,"gmtCreate":1620357473041,"gmtModify":1704342499296,"author":{"id":"3582172911914523","authorId":"3582172911914523","name":"H772","avatar":"https://static.tigerbbs.com/74f6496712945e2802201d39da3869e7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582172911914523","authorIdStr":"3582172911914523"},"htmlText":"Wow. Good or bad?&nbsp;","listText":"Wow. Good or bad?&nbsp;","text":"Wow. Good or bad?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104328089","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104369987,"gmtCreate":1620356328249,"gmtModify":1704342482306,"author":{"id":"3575200533809324","authorId":"3575200533809324","name":"Delvin","avatar":"https://static.tigerbbs.com/93738020b8156486e54265bfacf43f4b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3575200533809324","authorIdStr":"3575200533809324"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104369987","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104387524,"gmtCreate":1620356229468,"gmtModify":1704342479856,"author":{"id":"3575433293784452","authorId":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575433293784452","authorIdStr":"3575433293784452"},"htmlText":"Things are getting expensive.","listText":"Things are getting expensive.","text":"Things are getting expensive.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104387524","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104380703,"gmtCreate":1620355580402,"gmtModify":1704342468598,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"Like &amp; 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Comment Please","text":"Like &amp; Comment Please","html":"Like &amp; Comment Please"}],"langContent":"EN"},{"id":104315441,"gmtCreate":1620355407183,"gmtModify":1704342463830,"author":{"id":"3579764463709225","authorId":"3579764463709225","name":"AhKeong","avatar":"https://community-static.tradeup.com/news/b20c0291da6c54ef8f3c421a4ed45c27","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3579764463709225","authorIdStr":"3579764463709225"},"htmlText":"25%..... That's nice...&nbsp; Good sum","listText":"25%..... That's nice...&nbsp; Good sum","text":"25%..... That's nice... 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increment means Cash flow &lt;4%? Companies reinject profits back into asset purchasing or expansion could mitigate the rise of tax slightly. I guess so?&nbsp;","listText":"Tax rate on 4%&gt; increment means Cash flow &lt;4%? Companies reinject profits back into asset purchasing or expansion could mitigate the rise of tax slightly. I guess so?&nbsp;","text":"Tax rate on 4%> increment means Cash flow <4%? Companies reinject profits back into asset purchasing or expansion could mitigate the rise of tax slightly. I guess so?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/104307864","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":104307154,"gmtCreate":1620353648378,"gmtModify":1704342425506,"author":{"id":"3581568102591173","authorId":"3581568102591173","name":"Siawei","avatar":"https://static.tigerbbs.com/ab074a056dbf28ecd8f1e60736906e98","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581568102591173","authorIdStr":"3581568102591173"},"htmlText":"Good news. No wonder closed greed","listText":"Good news. No wonder closed greed","text":"Good news. No wonder closed greed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/104307154","repostId":1156140500,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4248987,"gmtCreate":1620354255610,"gmtModify":1680787400248,"authorId":3562552956363065,"author":{"id":3562552956363065,"idStr":"3562552956363065","authorId":3562552956363065,"name":"Hamsterwan","avatar":"https://static.tigerbbs.com/a386beb727f5f9152025be30073c81a3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":104307154,"type":1,"supId":0,"prevId":0,"content":"<u>haha</u>","text":"<u>haha</u>","html":"<u>haha</u>"}],"langContent":"EN"},{"id":104306244,"gmtCreate":1620353432088,"gmtModify":1704342420655,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Hmm. &nbsp;Appreciate your response and comments Thanks&nbsp;","listText":"Hmm. &nbsp;Appreciate your response and comments Thanks&nbsp;","text":"Hmm. 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