Just to recall, corporate tax rate was 35% pre-Trump
Donnie took it to 21%
Joe proposing brining it back to 28%, far cry from original tax rate.
https://thehill.com/homenews/senate...wont-support-corporate-tax-hike-to-28-percent
Manchin says he won't support corporate tax hike to 28 percent
“As the bill exists today, it needs to be changed,” Manchin told Hoppy Kercheval, the host of West Virginia Metro News’s “Talkline” show.
"If I don't vote to get on it, it's not going anywhere," he added.
Manchin said other Senate Democrats are also concerned about Biden’s proposal to raise the corporate tax rate from 21 percent to 28 percent.
“It’s more than just me, Hoppy," Manchin added. "There’s six or seven other Democrats who feel very strongly about this. We have to be competitive, and we’re not going to throw caution to the wind.”
Donnie took it to 21%
Joe proposing brining it back to 28%, far cry from original tax rate.
https://thehill.com/homenews/senate...wont-support-corporate-tax-hike-to-28-percent
Manchin says he won't support corporate tax hike to 28 percent
“As the bill exists today, it needs to be changed,” Manchin told Hoppy Kercheval, the host of West Virginia Metro News’s “Talkline” show.
"If I don't vote to get on it, it's not going anywhere," he added.
Manchin said other Senate Democrats are also concerned about Biden’s proposal to raise the corporate tax rate from 21 percent to 28 percent.
“It’s more than just me, Hoppy," Manchin added. "There’s six or seven other Democrats who feel very strongly about this. We have to be competitive, and we’re not going to throw caution to the wind.”