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US General Domestic Politics #36 Begins 10/14/21.


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Working families will see fewer jobs, higher prices, lower wages and reduced life savings under the Democrats' tax hike plan.

Rather than raising taxes on corporations so that they have a higher rate in USA than in other countries, which in the past has led to corporations moving their offices abroad--repatriation under Trump reversed some of that, loopholes should be closed so that all profitable corporations pay taxes.  Raising corporate taxes may not result in job losses or lower wages, but certainly in higher prices to consumers as no business is going to absorb higher costs without passing them along. Stick to raising taxes on the millionaires, closing loopholes in the tax code which will result in more tax revenue--but doing so would piss off the high dollar donors--so that is political suicide.

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