Republicans’ 2022 Strategy? More Corporate Tax Cuts
May 19, 2021
|In a not-so-brilliant move of political strategy, Republicans are making their 2022 campaign promises — if you’re a corporation or among the very wealthiest Americans, they’re going to cut your taxes, even after their 2017 tax cuts failed to boost our economy or lift up working families.
While Republicans go to the mat to protect the rich and big corporations from paying their fair share of taxes, President Biden and Democrats are laser focused on holding corporations accountable and making desperately needed investments in our country’s infrastructure, which just so happens to be overwhelmingly popular.
NBC News: “Republicans are sending a pointed warning to congressional Democrats: If you raise taxes on corporations and top earners, we’ll just cut them back when we regain power.”
NBC News: “A Quinnipiac University poll conducted last month found that support for Biden’s $2 trillion infrastructure and jobs plan grows by 9 points if it is attached to a corporate tax increase. By 2-to-1 ratios, respondents said they support higher taxes on corporations and on people earning more than $400,000 a year.”
Dan Pfeiffer, a former top adviser to President Barack Obama: “‘If Republicans want to run for election by doubling down on more tax cuts for the wealthy and corporations, more power to them. The 2017 tax bill is the single worst polling piece of legislation that I have seen in my career. Good luck running on it again.’”