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Like Biden's Tax Hikes? This Corporation Coalition Hates Them


Like Biden’s Tax Hikes? This Corporation Coalition Hates Them
“Tax increases on America’s job creators would stall the economic recovery rather than fuel it and counteract the economic benefits of smart infrastructure spending,” the coalition organizers told The Hill.
Here s What You Need to Remember: The Biden administration hopes to make progress on a bill by Memorial Day and has indicated that the president wants the legislation on his desk before Congress takes recess in August.
More than two dozen business groups from a variety of industries have joined together in efforts to reject President Joe Biden’s plans to boost taxes on corporations, arguing the measure would eradicate jobs and slow the country’s pace toward economic recovery.  ....

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🔴 Budget 2021 Live: Chancellor outlines COVID recovery measures


 
Supermarkets turn down business rates relief holiday
The UK’s biggest supermarkets have announced they will turn down offers of a business rates holiday, despite Chancellor Rishi Sunak extending the exemption until the end of June as part of today’s Budget.
Supermarkets were pilloried last year for accepting the rates holiday announced after the first lockdown
 
Food and drink manufacturers praise Budget
FDF chief executive Ian Wright welcomed the extension of the furlough scheme, the doubling of incentive payments for businesses hiring apprentices and Sunak’s intention not to increase the cost of living, although he said the government should also review ”proposed regulatory changes that will increase food prices.” ....

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