Рет қаралды 214,903
As Democrats and Republicans in Washington continue to negotiate over an infrastructure bill, President Biden is reportedly considering dropping his demand to roll back the 2017 Trump tax cuts - which primarily benefited corporations and the richest people in the country - in order to gain support for infrastructure spending of at least $1 trillion. Biden is offering to keep Trump’s tax cuts and shrink the size of his infrastructure proposal in exchange for a minimum 15% corporate tax rate for all companies. Economist Jeffrey Sachs says a capitulation on the Trump tax cuts would be a huge mistake for the Biden administration. “The corporations have had an unbelievable run of unjust and unaffordable tax cuts,” he says.
#DemocracyNow
Democracy Now! is an independent global news hour that airs on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
KZfaq: / democracynow
Facebook: / democracynow
Twitter: / democracynow
Instagram: / democracynow
SoundCloud: / democracynow
iTunes: itunes.apple.com/podcast/demo...
Daily Email Digest: democracynow.org/subscribe