Manchin Says Dems Don’t Have The Votes To Increase Tax Rate To 28% – IOTW Report

Manchin Says Dems Don’t Have The Votes To Increase Tax Rate To 28%

Ah, but then Manchin says a lot of things…

Trending Politics:

Fox Business reporter Ed Lawrence reports that Senator Joe Manchin believes Democrats do not have the votes to pass the American Jobs Plan in the U.S. Senate. Manchin says he knows of 6 or 7 Democrats who agree hiking the corporate tax rate to 28% would put the country’s competitiveness at risk.

The Democratic Senator expressed that there are not enough votes in the Senate to pass the President’s $2.25 trillion infrastructure proposal, due to six or seven Democrats who are opposed to raising the corporate tax rate to 28%.

Breitbart adds, “If Manchin’s vote count is accurate, it indicates Biden may have a tough time raising corporate taxes above the 25 percent rate Communist China charges American businesses. The United States’ current corporate tax rate, set by former President Trump, stands at 21 percent”.

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6 Comments on Manchin Says Dems Don’t Have The Votes To Increase Tax Rate To 28%

  1. Joe’s a liar.
    A subterfuge to give the impression that the Demonrats don’t want to raise taxes.
    Which, as everyone knows, is a lie.

    Why is he lying? Because their target is probably 36%.
    Or more.
    It reached 105% in the UK when socialism was running rampant.

    izlamo delenda est …

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  2. Munchkin is still testing the waters. After his vote against President Trump, little Joey Munchkin will have to switch parties to be re-elected to his senate seat. Do, it, Joe. Do it today. I won’t trust him any more as a Republican, but that would put a huge hole in the Biden junta’s sail.

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