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President Joe Biden has proposed raising the corporate tax rate from 21 percent to 28 percent as part of his plan to raise taxes by as much as $4 trillion over the next decade.

Any effort to raise taxes on businesses should be rejected. It will prolong the economic downturn and harm workers and businesses. It will make America a less competitive place to do business and could see a return of corporate inversions and an increase in foreign acquisitions. It will also harm Americans that have their savings in a 401(k) or IRA or have begun investing in the stock market.

Alex Hendrie - 2021-01-20 15:05

If Democrat Senate candidates Raphael Warnock and Jon Ossoff win their runoff elections on January 5th 2021, they will rubber stamp the Biden-Harris agenda to raise taxes on families and businesses in Georgia and across the country. 

Biden has promised to impose $4 trillion in new or higher taxes on the American people. 

Tom Hebert - 2020-12-03 10:45

If Raphael Warnock and Jon Ossoff are elected to the Senate by winning the January 5, 2021 runoff elections, they will rubber stamp the Biden-Harris agenda of higher taxes on the American people.

Tom Hebert - 2020-12-01 07:45

Joe Biden and Kamala Harris will raise your taxes. They will impose income tax hikes, small business tax hikes, capital gains tax hikes, corporate tax hikes, a carbon tax, and will even bring back the much-hated Obamacare individual mandate tax.

John Kartch - 2020-11-20 11:00

House Minority Leader Rep. Kevin McCarthy (R-Calif.) and Ways and Means Ranking Member Rep. Kevin Brady (R-Texas) have released H.R. 11, “The Commitment to American Growth, Renewal, and Opportunities for Workers, Technology, and Health” (GROWTH) Act.   

This legislation contains targeted tax cuts that will help the American economy rebound as the pandemic runs its course. 

Clara Diaz - 2020-10-19 13:46

Median household income increased by $4,440 or 6.8 percent in 2019 – the largest one-year wage growth in history.

In addition, the poverty rate declined from 11.8 percent to 10.5 percent, hitting a 50-year low, according to recently released Census Bureau data.

Alex Hendrie - 2020-09-16 08:30

Due to the Coronavirus pandemic, the Trump administration delayed Tax Day for three months – moving the deadline to file taxes from April 15 to July 15. 

Now that it is Tax Day, it is worth noting that a President Joe Biden will raise taxes across the board on American families and businesses.

Alex Hendrie - 2020-07-15 11:31

State legislatures across the country are either in session or will be convening sessions in the coming weeks and months - some of them special sessions and others the resumption of those suspended earlier this year. As governors and legislators return to work facing new challenges in the aftermath of the pandemic, Americans for Tax Reform is offering a list of policy recommendations for elected officials to consider.  

ATR’s recommendations fall into two main categories: 

Americans for Tax Reform - 2020-06-25 16:37

CNBC's Robert Frank today noted that Joe Biden has "the most expensive tax plan from any Democrat in recent history."

Here's the exchange:

John Kartch - 2020-05-22 17:13

Joe Biden has endorsed yet another tax increase on middle class households. The tax will impose tax increases on every homeowner in the Milwaukee school district.

As noted by the Milwaukee Journal Sentinel, the tax hike measure endorsed by Biden imposes the following tax hike:

John Kartch - 2020-04-05 12:00