Biden’s new budget proposal, intended to fund the American Families Plan, contains two intense tax increases, including estate and capital gains, which could reach up to 61 percent.
Rather than support American jobs and our economy, President Biden’s infrastructure plan would cripple our economy and substantially harm our ability to compete internationally.
These two changes would transfer workers’ share of the corporate tax onto American investors, who are so far the disproportionate beneficiaries of globalization.
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