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DeepNewz, mobile.
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Analysis reveals that President Biden, despite promises to raise taxes on the wealthy and corporations, has actually implemented tax cuts overall during his term. The tax changes he has introduced are estimated to result in a net cut of approximately $600 billion over four years, with larger cuts for individuals and corporations compared to increases imposed on big corporations and their shareholders.
A new report says the president has effectively lowered the nation’s total tax burden by $600 billion over his term so far. https://t.co/GFPGqZuvjr
Biden, Promising Corporate Tax Increases, Has Cut Taxes Overall via @nytimes https://t.co/BqdQHDkRTq
President Biden has repeatedly said he would raise taxes on the wealthy and corporations to make them pay their “fair share.” So it might come as a surprise that, in just over three years in office, Biden has cut taxes overall. https://t.co/lJuAJqvOj2
