In Case You Missed It...

Brady Calls Biden Tax Hikes an “Economic Blunder”

April 16, 2021 — In Case You Missed It...

“Our tax reform worked spectacularly for families, for lifting millions out of poverty, and for bringing jobs back overseas. I think this is the biggest economic blunder in our lifetime to raise these taxes on our job-creators,” warned Ways and Means Republican Leader Kevin Brady (R-TX) in a conversation with Stuart Varney on Varney & Co.

New York Post: With Economy on the Mend, America Doesn’t Need Biden’s Irresponsible $2 Trillion Infrastructure Plan

April 12, 2021 — Blog

The economy is on the mend, but the Biden Administration doesn’t want you to know that, according to an editorial by the New York Post. The newspaper’s editorial board writes that the Biden Administration and top Democrats are ignoring March’s explosive jobs report, because doing so would get in the way of their $2 trillion tax hikes masking as responsible infrastructure reform. As ...

Brady: Biden Tax Hikes Send U.S. Jobs Overseas, Negating Infrastructure Gains

April 06, 2021 — Blog

Under Democrats' tax scheme, it's better to be a foreign company than an American one. President Biden's tax hikes threaten to push Americans' jobs overseas, and would negate any possible long-term economic benefit of infrastructure spending. They also reverse Americans' historic gains in jobs, wages, and growth, achieved thanks to ...

ICYMI: President Biden’s ‘Centrism’ Is a Tax-Hike Extravaganza

April 06, 2021 — Blog

President Biden's tax increases would make America less competitive and cost American jobs. Writing in RealClearMarkets, National Taxpayers Union Foundation's Andrew Wilford offers details. Tax Hikes Put America Behind Other Nations: The United States is "already on the high side when factoring in state and local taxes, which brings the average U.S. corporate tax rate to ...

Brady: No President Has Ever Raised Businesses Taxes to Recover From an Economic Crisis

March 26, 2021 — Blog

Asked about President Biden's crusade to raise taxes on American corporations, Ways and Means Republican Leader Kevin Brady (R-TX) replied, "This is insane. No president has ever raised business taxes to recover from an economic crisis." In a conversation with Larry Kudlow on his new Fox Business show, Rep. Brady remarked on the economic havoc that would result from President Biden's tax grab. ...

ICYMI: Biden’s tax hike slows economic growth, cuts employment

March 12, 2021 — Blog

Key Takeaways:  New findings from the Tax Foundation show that increasing the corporate tax rate from 21% to 28% would reduce GDP, the broadest measure of goods and services produced in the country, by nearly 1% and eliminate 159,000 jobs. It would also reduce workers' wages by 0.7%. Hiking the tax rate paid by corporations to 28% would cause the federal-state ...