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Why Do Democrats Want Higher Taxes When the Economy is Still Weak?

April 4th, 2021
Categories: News

Link: https://www.investmentwatchblog.com/why-do-democrats-want-higher-taxes-when-the-economy-is-still-weak/

Biden vowed $2 trillion in tax increasesi corporate income tax rate hike to 28 percent and a 21 percent “global minimum tax.” Democrats say further tax increases, including doubling the capital gains tax, a second death tax, and income tax increases may be introduced Democrats argue economy is weak a long path back toward recovery. If this is true, why are they calling for one of the largest tax increases in history?

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