Julia Conley is a staff writer for Common Dreams.
Directly addressing some of the practices wealthy corporations increasingly use to line their pockets while working Americans face rising costs of living, U.S. President Joe Biden on Thursday night won praise from economic justice advocates for presenting 'a clear and compelling vision' that contrasted sharply with Republicans' push to further cut taxes for the rich. The president's State of the Union address came days after The Washington Post reported that progressive U.S. Sen.
called Biden's proposal to raise the minimum tax for corporations 'an important step forward from the status quo' that could 'raise substantial revenue.
. 'As the president's tax agenda makes clear, we can strengthen this country's communities, care for all our people, and restore balance to our tax system. Our lawmakers just need to find the will to do it.' Republicans appeared to acknowledge the unpopularity of their own plan to slash Social Security and permanently cut taxes for the rich when they groaned and booed at Biden's mention of their agenda.
Billionaires Corporate Greed Groundwork Collaborative Institute On Taxation And Economic Policy Republican Party Shrinkflation Tax The Rich Taxation Trump Tax Cuts Joe Biden
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