As luck would have it, Republicans seize on worst possible strategy to oppose Biden jobs plan

[babylonsister]

https://www.dailykos.com/stories/2021/4/15/2026116/-Republicans-draw-red-line-at-corporate-tax-increases-broadly-favored-by-public-in-Biden-plan

As luck would have it, Republicans seize on worst possible strategy to oppose Biden jobs plan
Kerry Eleveld
Daily Kos Staff
Thursday April 15, 2021 · 8:38 PM EDT


Senate Republicans have seized on opposing one of the most popular elements President Joe Biden's American Jobs Plan as a political winner for them—raising the corporate tax rate.

“I think that’s a non-negotiable red line,” Republican Sen. Shelly Moore Capito of West Virginia told reporters Thursday. “For me personally, that’s a non-starter.”

Republicans have convinced themselves that shielding corporations from helping to fund projects that will specifically benefit those very same corporations is a great angle for them. They simultaneously plan to push their unpopular deficit-boosting 2017 tax cut for the rich and corporate-y as essential to a booming economy while refusing to budge at all on corporate tax increases.

The other thing congressional Republicans are whining about while drawing their red lines is the notion that President Biden isn’t sincerely seeking out bipartisan compromise on his $2 trillion infrastructure plan. Of course, nothing says compromise like "red lines." In fact, if Sen. Capito—who Biden has reached out to as a potential deal maker—isn't open to negotiating on tax increases, then any potential deal is already dead on arrival. It’s exactly what Mitch McConnell promised weeks ago even before seeing Biden’s proposal—unwavering GOP opposition.

snip//

There's a reason Biden said last week he was "sick and tired of ordinary people being fleeced"—ordinary people are sick of it too. Now it's time for Democrats to make absolutely certain people understand Biden's plan will create millions of jobs along with investing in highly popular initiatives such as: improving highways, bridges, roads, ports, waterways, airports, mass transit, train/bus service, nationwide high-speed broadband internet, caregiving for seniors, public schools, and more.

Fortunately, while Democrats embark on that education campaign, GOP lawmakers are hellbent on relitigating an issue on which the vast majority of Americans already have well-formed opinions.

More power to 'em. Hopefully, Republicans will consistently remind voters they singlehandedly tilted the playing field even more toward corporations while adding nearly $2 trillion to the national deficit.

[no_hypocrisy]

1. Seems to me that in a lot of cases, raising corporate taxes is academic.

Most of them will find a way to continue to not pay a cent.

[sdfernando]

3. Yep, they are always finding ways to not pay anything....

Since the "supremes" have said that corporations are people why don't they have the Alternative Minimum Tax like real people do???

[Harker]

2. I don't see luck having anything to do with it.

Obnoxious obstruction.

[Beartracks]

4. Typical Republican: "Do what Republicans want or you're not being bipartisan!"

[TxGuitar]

7. That's exactly right

Compromise to a Republican means do it our way.

[Marcuse]

5. Republicans are missing another opportunity to punish "woke" corporations by raising taxes.

[IronLionZion]

6. When Trump cut their tax rates, they didn't lower prices or hire more workers

in many cases they continued layoffs and offshoring and passed on extra cash to shareholders through share buybacks and dividends.

[C Moon]

8. And that's the failed trickle-down theory.