White House official Lael Brainard, Biden's top economic advisor, outlines principles for the 2025 tax debate, including prioritizing middle-class tax cuts, fully funding tax cuts, corporations paying their fair share, opposing GOP efforts to limit IRS, and implementing the OECD 15% minimum tax deal. Brainard emphasizes the need to end 2017 tax breaks for the ultra-wealthy, scale back permanent corporate tax breaks, and raise the federal corporate tax rate to 28% from 21% proposed by Biden. The plan aims to raise revenue overall through the 2025 tax debate.
Biden’s top economic advisor is now openly admitting they’re going to raise your taxes if Biden wins reelection: “We should use the 2025 tax debate as an opportunity to raise revenue overall,” Brainard stated in her prepared remarks on Friday. https://t.co/f3MAhlCJAg
Biden’s top economic advisor is now openly admitting they’re going to raise your taxes if Biden wins reelection: “We should use the 2025 tax debate as an opportunity to raise revenue overall,” Brainard stated in her prepared remarks on Friday. Team Biden Vows to Raise Taxes…
Biden plan for raising your taxes, if reelected White House aide Lael Brainard laid out Biden’s principles for dealing with trillions of dollars in expiring tax cuts https://t.co/CDRpfYDEMV via @WSJ
Brainard Vows Corporate Tax Hike With Trump Cuts Set to Expire “…need to end the 2017 tax breaks for the ultra-wealthy and scale back costly permanent corporate tax breaks” “Biden has proposed raising the federal corporate tax rate to 28%, up 21%” https://t.co/PHsJuCAOmu
* WHITE HOUSE OFFICIAL BRAINARD SAYS WE MUST END 2017 TAX BREAKS FOR ULTRA WEALTHY * BRAINARD: TAX POLICY IN 2025 SHOULD RAISE REVENUE @reuters
💰NEC Director Lael Brainard at @BrookingsInst lays out Biden principles for 2025 tax debate: - Prioritizing middle-class tax cuts - Fully paying for tax cuts - Corporations must pay “their fair share” - Oppose GOP efforts to yank IRS $ - Implementing OECD 15% min tax deal https://t.co/Sv1jKJbG3d