“That [infrastructure] package that they’re putting together now, as much as we would like to address infrastructure, is not going to get support from our side. Because I think the last thing the economy needs right now is a big, whopping tax increase,” McConnell told reporters in Kentucky. –Politico’s Email thingie
Of course what amply be-chinned Mitch McConnell is not saying is that the infrastructure package is wildly popular with Wee the Peeple (as was the Trump-Virus relief bill that has passed) and of course he does NOT say that the tax increase is on Big Bidness and is very modest; it does not raise taxes on badness to the pre-2017 Billions for Billionaires tax bill that former Speaker of the House Zombie-eyed Granny-Starver Paul Ryan rammed through.
Also related breaking news today:
“Just as the Biden administration is pushing to raise taxes on corporations, a new study finds that at least 55 of America’s largest paid no taxes last year on billions of dollars in profits.
“The sweeping tax bill passed in 2017 by a Republican Congress and signed into law by President Donald J. Trump reduced the corporate tax rate to 21 percent from 35 percent. But dozens of Fortune 500 companies were able to further shrink their tax bill — sometimes to zero — thanks to a range of legal deductions and exemptions that have become staples of the tax code.”
So keep eff’ing that chicken, #MoscowMitch.
UPDATE 1: President Handsome Joe Biden –
Asked for his reaction to Senate Minority Leader MITCH MCCONNELL saying he would fight the administration’s $2 trillion plan “every step of the way,” Biden said: “If the Republicans decide that we need it but they’re not going to pay for it … what do you think would happen if they found out all the lead pipes were up in the Capitol every time they turned on a water fountain? … I think the Republican voters are going to have a lot to say about whether we get a lot of this done.”