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Klobuchar: ‘If You Believe in Capitalism,’ We Should Be ‘Increasing Some of the Corporate Taxes’

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Sen. Amy Klobuchar (D-MN) said that “If you believe in capitalism, like I do, if you believe that the market has given us this incredible country,” you should address healthcare costs, housing, child care, and reducing the amount of debt the U.S. has and Congress “should be reducing […]

Carney on Kudlow: Trump’s Tariffs Could ‘Almost Eliminate the Corporate Tax’

Breitbart News economics editor John Carney said Tuesday on Fox Business Network’s “Kudlow” that the Trump administration’s tariffs could “almost eliminate the corporate tax altogether.” Carney said, “The Wall Street Journal printed Nick Timiraos story and it was clearly meant to say that the Fed is very worried about inflation from these tariffs and but […]

Joe Biden Announces Corporate Tax Hike to 28%, Likely to Burden Small Business

President Joe Biden on Thursday proposed raising the corporate tax rate from 21 percent to 28 percent, a scheme that will likely burden both large and small businesses. While the term “corporation” is widely used to depict large companies such as Microsoft, Walmart, and McDonald’s, C-corporations are both small and large businesses, the most prevalent of corporations. Individual shareholders […]

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