Bidenâs $2 Trillion Infrastructure Plan: Will It Help Or Hurt Our Economy?
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This segment of Whatâs Ahead reveals why President Bidenâs proposed infrastructure plan will harm the economy more than help it.
The tax increases the President has put on the tableâand other very harmful ones soon to comeâwill slam the very manufacturers Biden professes he wants to help. Small businesses will particularly take it on the chin. Our corporate tax rate will be just about the worldâs worst. China will be delighted.
Why spend $300 billionâas the president proposesâto assist manufacturers, when that sector is doing better as the economy recovers, and then slam it with big league tax hikes?