Biden's "capitulation" might be just a tease -- to see if enough Republicans will "switch sides" or reveal their true colors ...
There will be hearings on whatever bill is ultimately being considered and there will be plenty of chances to make the case for totally redirecting the tax system towards more progressivity --- OR -- Biden might really be revealing that he was always a corporate Democrat at heart and that he wants to pass a much more corporate friendly bill than he proposed --- WE SHALL SEE ... On Mon, Jun 7, 2021 at 10:27 AM Louis Proyect <[email protected]> wrote: > Reuters reported last week that Biden announced a massive shift in his > fiscal policy, cutting (not raising) corporate taxes even further than > had Trump, AND cutting his proposed infrastructure spending bill by > hundreds of billions of dollars more following his last week’s proposed > spending cuts from $2.25T to $1.7T. > > The announcement by Biden is clearly a capitulation to corporate > interests, McConnell and Republicans of truly historic dimensions. It’s > a ‘double reversal’, not only cutting corporate taxes instead of raising > them, but unilaterally, and without obtaining any concessions from > Republicans, slashing his infrastructure spending proposals further > again, than a week after his prior spending cut of $550B. > > > https://www.counterpunch.org/2021/06/07/biden-capitulates-cuts-corp-taxes-cuts-infrastructure-spending/ > > > -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#9046): https://groups.io/g/marxmail/message/9046 Mute This Topic: https://groups.io/mt/83371128/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
