| cowsncorn - 8/6/2022 12:15
Except tax dollars aren't paying for it. We are just borrowing more from our grand kids and China.
Got any support for that ?
https://www.politifact.com/factchecks/2021/apr/07/pete-buttigieg/joe...
REVENUES OVER 15 YEARS
Raise corporate income tax from 21% to 28% $1.3 trillion
Raise global minimum tax for multinational corporations $750 billion
End deduction of foreign-derived intangible income $400 billion
New 15% minimum tax on corporate "book" income $200 billion
Prevent U.S. corporations from using tax havens $50 billion
End tax preferences for fossil fuels $30 billion
Change incentive structure for offshoring and onshoring jobs TBD
Increase corporate tax enforcement TBD
Negotiate international agreement on minimum corporate tax TBD
TOTAL $2.73 trillion |