Infrastructure bill debate.

[Ninga]

A certain Senator states objections to raising the corporate income tax in the Biden Infrastructure bill.

He says that raising the corporate rate, from current 21% to 28 % is too much!! He objects on behalf of corporations.
That Senator is Joe Manchin D- WV

I will be contacting his office to ask that why he is defending corporations objections to paying their fair share. What’s the deal?

From 1993 to 2018, the corporate tax rate was 35%. The former president lowered it to 21% in 2018! President Biden wants it raised to 28%. Manchin says no.
Our budget deficit exploded in 1987 when Reagan reduced the corporate tax rate to 40%.

A bit of history regarding corporate tax rates.

1968 53% Hikes paid for Great Society and Vietnam War
1970 49%. Nixon Recession
1971 48% Cut to fight recession
1979 46% Carter Cut to offset high interest rates
1987 40% Reagan Tax Reform Act
1988 34% Cut to fight recession.
1993 35% Clinton Omnibus Budget Reconciliation Act
2018 21% Trump Tax Act goes into effect

[Omnipresent]

1. We need to take back, more traditional democratic senate seats, like in Pennsylvania and...

Wisconsin.
To depend on such a conservative Democrat in such a red state, is getting to be a bit too much.
Our party needs to really work hard at broadening our political map for 2024.

[Dem4Life1102]

2. Unfortunately

We need Manchin's vote the next two years. But if the Dems increase their majority in 22, he should be stripped of all committee assignments, Sinema too. They need to be taught a lesson.

[Ninga]

3. Will be working hard here in 2022 in Ohio to get Portman replaced by a Democrat.

[crickets]

4. K&R for visibility.