House Democrats’ tax plan is very bad news for the U.S. economy: Rep. Kevin Brady (R-TX)

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#taxplan #taxes #KevinBrady
Rep. Kevin Brady (R-TX) joins Yahoo Finance's Seana Smith and Adam Shapiro to discuss the proposed tax plan by the House Democrats, the $3.5T budget reconciliation bill, and outlook on the debt ceiling.
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This is funny as hell coming from Yahoo Finance.

justicematters
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When did Lex Luthor become an economic expert?

markmaz
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Well at least the mean tweets are gone

RLogan-slxl
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Tax the rich and close labor and business loopholes.

rjtheripper
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We dont need a news head line to know we're fucked..

jimshorts
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Bulshit-companies make money on profits not tiny bits of lower taxes

BMe-ckfd
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Is he afraid he’s in the tax bracket that will be targeted lol

samushunter
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“bad news for US economy”
Translation: “my billionaire donors will be mad if they have to pay taxes and they might not support me in the next election if I don’t bow to their whims”

princesscandlewax
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It's bad news for the rich oh waite their rich they can afford a tax increase

scottball
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I notice that Brady does not mention, with all his concern for the middle class, that he himself is a millionaire.

Independent studies estimate that this bill and the infrastructure bill will add 1.8 million jobs.

His concern for "Main St" and "small businesses" is touching, but untrue. Over 86% of US businesses have annual income of less than $100, 000 - and this bill will cut taxes for them. So, the few very large companies making more than $5 million per year see a small tax increase, the overwhelming bulk of businesses see a tax decrease. And who does the republican try to protect?

petercollins
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I like how these media outlets like to pit the economy vs people. Whats good for people is good for the economy. Not the other way around.

lextacy
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Replacing the words "the economy" with "rich people's yacht money"

-How can we respond to COVID without sacrificing rich people's yacht money?
-Saving the environment sounds nice but what about rich people's yacht money?
-Medicare for all would destroy rich people's yacht money

thomaslgrice
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After the last 4 years of trump, I don't trust nor respect any Republican that refuses to denounce trump 100%

ABVampire
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Give me a break, I proudly wave the American flag, pay my taxes, vote in elections and try to be nice all my fellow citizens I meet. Taxing the rich and the corporations is bad for the economy? Really?

petesong
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How come he's not mentioning Tax cuts included for the middle class?

andycalifalf
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The tax plan is great news actually but it doesn’t even go far enough are you concerned about your millions and millions of dollars should chill the F out while the rest of us fight over scraps when there’s nothing left were coming for you so you might as well start giving up a little bit more now or will come after you faster

christopherray
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What this corporate hack really means is that is bosses will have to pay their fair share of taxes. For a change.

mrmckraken
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Wish there was a way we could stop funding this clown show!!

stefaniwilcox
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"bad news for the U.S. economy" = bad news for the wealthiest

bradmiller
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Simple words from a conservative Republican, tax the rich, heck I support a 28-30% tax on the 1% percent . Us common folks and lower classes should get tax cuts

Yasinburak