The Chamber of Commerce’s Bill Comes Due

Posted on Tuesday, May 4, 2021
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by Outside Contributor
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Joe Biden’s address to Congress was slippery as soap, but on one issue the president was extremely direct: He’s coming after corporate America. Oh, and he sends his thanks to the U.S. Chamber of Commerce for helping make that possible.

The nation’s premier business lobby didn’t really get a shout-out in the speech, but it deserved one. Mr. Biden spent his address pitching nearly $4 trillion in spending, most of it to be funded by huge hikes in the corporate tax rate, capital-gains and dividends levies, income taxes on small-business pass-throughs, and even…

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URL : https://amac.us/blog/finance/the-chamber-of-commerces-bill-comes-due/