“Saying ‘corporations must pay their fair share’ should mean that pre-Trump rates are the starting point.” Senate Democrats are reportedly considering lowering the corporate tax rate proposed in President Joe Biden’s infrastructure plan from 28% to 25% to mollify centrists in the caucus, a backtrack that would leave hundreds of billions of dollars in potential revenue on the table. […]
“Republicans’ insistence that the most profitable companies in the world shouldn’t contribute a single penny to investments in roads, schools, and our clean-energy future is simply not acceptable.” Republican Sen. Shelley Moore Capito of West Virginia said Thursday that keeping in place the current 21% corporate tax rate is a “non-negotiable red line” in infrastructure […]
Democrats in the House and Senate on Thursday introduced legislation to expand the number of seats on the U.S. Supreme Court from nine to 13, a proposal hailed by progressive advocacy groups as a critical step in combating the conservative takeover of the high court and protecting key constitutional rights. Led by Reps. Jerry Nadler (D-N.Y.), Hank Johnson (D-Ga.), […]
WHITE HOUSE – The United States is taking action to punish Russia for what it describes as “harmful foreign activities,” including cyberattacks, election meddling and aggression in the Crimea region. Thirty-two entities and individuals linked to Moscow are being sanctioned for disinformation efforts and interference in the 2020 U.S. presidential election. Ten personnel from Russia’s […]