Online coverage of Biden’s tax proposal is bad

It’s been very misleading.

  1. When they say he is raising taxes, they should note that corporate taxes will still be lower than they were before Trump. He’s proposing repealing part of the excessive Trump tax cuts. The rate before Trump was 35%. Trump cut it to 21%. Biden wants 28%
  2. The capital gains tax increase he proposes only affects .3% of the people. This should be emphasized. Most people are not affected.

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