Gene Sperling, a senior adviser to President Joe Biden, said on CNN’s “The Lead” on Thursday that the compromise deal announced by Senate Democrats “doesn’t actually increase” tax rates because it only says large corporations “should pay the fairest minimum.” It will be used to “provide these benefits, incentives for the growth of jobs here and production in the United States” and to reduce the deficit.
“So, by making sure that only the richest companies pay a fair minimum share,” Sperling said. [those] the way to deliver these benefits is through these incentives for job growth here and for manufacturing in the United States. At the same time, we are paying them and actually reducing the deficit.”
Then host Jake Tupper said, “But the US Chamber of Commerce Jean said, “This legislation includes price controls that limit American innovation as well as taxes that slow investment and economic growth. Both will make our economic problems worse.”
“I have to say everything this bill does is really simple – it doesn’t actually increase rates, it just says if you’re a big company and you want more than $1 billion in revenue for you. shareholders, you must pay at least 15%. I don’t think most people would find it unfair because every other American should do it.”
Source: Breitbart
