Biden Should Drop the Corporate Tax Increase, Bolten Says

Apr.08 -- Josh Bolten, chief executive officer of Business Roundtable, which represents chief executive officers of large U.S. companies, says President Joe Biden should stick to “traditional infrastructure” in his $2.25 trillion plan and drop a proposed corporate tax increase. He spoke on "Balance of Power."

[cassandrajoiner]

TAX THEM GOOD. 33% no loopholes. It's what I pay.

[OmgThisGuy]

Many are already paying little to no taxes.... There's too many loopholes.

[danieltolson]

Corporations can keep their 21% if Congress closes the loop holes that have them effectively paying 0%.

[bridgetnegrete]

Oh SHOCKER ....
Corporations don’t want to pay their fair share and expect everyone else to foot the bill.

[Astromyxin]

This is exactly what a person would say if they didn't want to have to pay taxes.

[CODYORMOE]

How about he drop the tax on the middle class?

[BoltRM]

Bolten is saying 21% taxes is too high 🙄

[josephrichardson]

I'm going to be 80 years old 50 or so years from now and something is telling me we will still be having this conversations. What a joke.

[jester]

We here on the bottom have given up everything. Time with our children, we both work 2 jobs. Retirement, we only achieve when we die. Vacation, . What a joke. We have no money to give. The rich hoarded it. Now they need to learn to share.

[chieftigmos]

Lol amazon wal mart and Microsoft would be the least competitive in the world if they had to pay taxes? Piss down my back and tell me it's raining why don't you.

[johntuel]

I say bring the corporate tax rate back up into the %90 range. They can afford it just fine.
They can use some of the money in their offshore accounts that aren't being taxed. Not only would it do wonders for infrastructure, but they would be bringing money back into circulation instead of hoarding it and doing nothing with it and boost up the economy too.

[wanyaisneed]

I mean we saw the results of cutting taxes for corporate entities already. They'd report record profits while slashing there work forces in order to claim more profits. So let's not pretend that them paying less taxes lead to them reinvesting in themselves. It leads to higher executive salaries and less security for the workers

[gb]

He meant to say tax the working class and middle class but dont taxes corporation.

[chenito]

Corporations need to pay taxes. As of now, there are about 50 Corporations that pay no taxes. Ex...., Nike and azon are a couple I can think of now. This is ridiculous!

[mylamberfeeties]

No he shouldn't. They need to tax the HELL out of BIG companies that stomp on the little guy like coke

[petewalton]

Thay are crazy . Corporate tax less . Build more to attract more business . Wich means that you me and everyone else are going to have to pay for it . And then the corporation's are going to want government bailouts . Guess we're that money is going to come from .

[judykinsman]

If not taxing the wealthy & corporations worked, we would not be in the dismal situation with infrastructure & deficits we are in!!!! When will we stop believing their lies!!!!

[SteveinSanFrancisco]

A millionaire that doesn't want his taxes clutch my pearls 🙄

[Striker_]

TRICKLE DOWN ECONOMICS DON'T WORK

[ogradus]

You poor Trillionaires :, (
I hope you can at least still afford your truffles and caviar :, (, , , ,