{"id":1475144,"date":"2022-05-14T08:44:37","date_gmt":"2022-05-14T12:44:37","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1475144"},"modified":"2022-05-14T08:44:47","modified_gmt":"2022-05-14T12:44:47","slug":"biden-now-arguing-taxing-corporations-more-would-reduce-inflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-now-arguing-taxing-corporations-more-would-reduce-inflation\/","title":{"rendered":"Biden Now Arguing Taxing Corporations More Would Reduce Inflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-now-arguing-taxing-corporations-more-would-reduce-inflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1475144&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/assets.rebelmouse.io\/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yOTgwMzIwMC9vcmlnaW4uanBnIiwiZXhwaXJlc19hdCI6MTY5OTk2Nzc0NH0.AUVlLkMdYXCJ7v-0jTTpCJa-HnnoPMaTzTUHbMPmGaY\/img.jpg?width=1200&#038;coordinates=0%2C39%2C0%2C132&#038;height=600\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p>The Biden administration is suggesting that making corporations cough up &#8220;their fair share&#8221; would help alleviate the nation&#8217;s inflation problem.<\/p>\n<p>&#8220;You want to bring down inflation? Let\u2019s make sure the wealthiest corporations pay their fair share,&#8221; a <a href=\"https:\/\/twitter.com\/JoeBiden\/status\/1525234935346483210?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1525234935346483210%7Ctwgr%5E%7Ctwcon%5Es1_&#038;ref_url=https%3A%2F%2Fwww.theblaze.com%2Fr%2Fentryeditor%2F2657319625publish\" target=\"_blank\" rel=\"noopener\">tweet<\/a> posted Friday on President Joe Biden&#8217;s &#8220;@JoeBiden&#8221; Twitter account declared.<\/p>\n<div id=\"a9967\" class=\"rm-shortcode\" data-rm-shortcode-id=\"bcc4920629316607fe9d85ee5a455a4b\">\n<div class=\"rm-embed-container rm-embed-twitter rm-loading\">\n            <span class=\"rm-embed-spacer rm-embed-spacer-mobile\"><\/span><br \/>\n            <span class=\"rm-embed-spacer rm-embed-spacer-desktop\"><\/span><\/p>\n<div class=\"rm-embed-holder\">\n<blockquote class=\"rm-embed twitter-custom-tweet\" data-twitter-tweet-id=\"1525234935346483210\" data-partner=\"rebelmouse\">\n<p>You want to bring down inflation?nnLetu2019s make sure the wealthiest corporations pay their fair share.<\/p>\n<p> \u2014 Joe Biden (@Joe Biden)<br \/>\n        <a href=\"https:\/\/twitter.com\/JoeBiden\/statuses\/1525234935346483210\">1652479320<\/a>\n    <\/p><\/blockquote><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>The tweet comes as Americans are being clobbered by soaring inflation that is rapidly eating away at the purchasing power of their hard-earned money.<\/p>\n<p>Critics pounced on Biden&#8217;s post.<\/p>\n<p>&#8220;That\u2019s not how it works boss. Stop printing so much money and the free market will take care of the rest,&#8221; Anthony Pompliano <a href=\"https:\/\/twitter.com\/APompliano\/status\/1525283867904598017\" target=\"_blank\" rel=\"noopener\">tweeted<\/a>.<\/p>\n<p>&#8220;The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection,&#8221; Amazon <a href=\"https:\/\/ir.aboutamazon.com\/officers-and-directors\/default.aspx\" target=\"_blank\" rel=\"noopener\">founder<\/a> Jeff Bezos <a href=\"https:\/\/twitter.com\/JeffBezos\/status\/1525309091970699265\" target=\"_blank\" rel=\"noopener\">tweeted<\/a>.<\/p>\n<div id=\"337cf\" class=\"rm-shortcode\" data-rm-shortcode-id=\"875612d7fa355818c5c690ed7ad5c183\">\n<div class=\"rm-embed-container rm-embed-twitter rm-loading\">\n            <span class=\"rm-embed-spacer rm-embed-spacer-mobile\"><\/span><br \/>\n            <span class=\"rm-embed-spacer rm-embed-spacer-desktop\"><\/span><\/p>\n<div class=\"rm-embed-holder\">\n<blockquote class=\"rm-embed twitter-custom-tweet\" data-twitter-tweet-id=\"1525309091970699265\" data-partner=\"rebelmouse\">\n<p>The newly created Disinformation Board should review this tweet, or maybe they need to form a new Non Sequitur Board instead. Raising corp taxes is fine to discuss. Taming inflation is critical to discuss. Mushing them together is just misdirection.https:\/\/twitter.com\/joebiden\/status\/1525234935346483210u00a0u2026<\/p>\n<p> \u2014 Jeff Bezos (@Jeff Bezos)<br \/>\n        <a href=\"https:\/\/twitter.com\/JeffBezos\/statuses\/1525309091970699265\">1652497001<\/a>\n    <\/p><\/blockquote><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>&#8220;This is the &#8216;wearing sweatpants out to dinner&#8217; of inflation tweets. They&#8217;re not even trying any more,&#8221; Scott Lincicome of the CATO Institute <a href=\"https:\/\/twitter.com\/scottlincicome\/status\/1525247423781773314\" target=\"_blank\" rel=\"noopener\">tweeted<\/a>.  <\/p>\n<p>&#8220;It\u2019s like he had an idea but then got sidetracked by an unrelated thought,&#8221; former U.S. Rep. Justin Amash <a href=\"https:\/\/twitter.com\/justinamash\/status\/1525294903932198912\" target=\"_blank\" rel=\"noopener\">tweeted<\/a>.<\/p>\n<p>&#8220;Wow! Impressive. Congratulations, sir,&#8221; Blaze Media CEO Tyler Cardon <a href=\"https:\/\/twitter.com\/TyCardon\/status\/1525246632094072832\" target=\"_blank\" rel=\"noopener\">tweeted<\/a> \u2014 Cardon&#8217;s post included a video featuring a song with lyrics that included, &#8220;Congratulations, that was one of the stupidest things that I&#8217;ve ever seen anybody post on the internet before.&#8221;<\/p>\n<div id=\"b5cfd\" class=\"rm-shortcode\" data-rm-shortcode-id=\"8eebbeb5517f33b4085eb90a7f73eb8a\">\n<div class=\"rm-embed-container rm-embed-twitter rm-loading\">\n            <span class=\"rm-embed-spacer rm-embed-spacer-mobile\"><\/span><br \/>\n            <span class=\"rm-embed-spacer rm-embed-spacer-desktop\"><\/span><\/p>\n<div class=\"rm-embed-holder\">\n<blockquote class=\"rm-embed twitter-custom-tweet\" data-twitter-tweet-id=\"1525246632094072832\" data-partner=\"rebelmouse\">\n<p>Wow! Impressive. Congratulations, sir.pic.twitter.com\/KbmMWVHmfD<\/p>\n<p> \u2014 Tyler Carditis (@Tyler Carditis)<br \/>\n        <a href=\"https:\/\/twitter.com\/TyCardon\/statuses\/1525246632094072832\">1652482109<\/a>\n    <\/p><\/blockquote><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>The U.S. Bureau of Labor Statistics released new consumer price index <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/cpi.pdf\" target=\"_blank\" rel=\"noopener\">data<\/a> earlier this week. &#8220;The all items index increased 8.3 percent for the 12 months ending April, a smaller increase than the 8.5-percent figure for the period ending in March,&#8221; the BLS noted.<\/p>\n<p>As Americans are sinking in a raging sea of inflation, 80 U.S. senators on Thursday <a href=\"https:\/\/www.theblaze.com\/news\/senate-confirms-jerome-powell-fed\" target=\"_blank\" rel=\"noopener\">voted<\/a> in favor of confirming Federal Reserve chair Jerome Powell to a second term. <\/p>\n<p>&#8220;President Biden has a plan to tackle inflation \u2013 by lowering costs that families face and lowering the federal deficit by asking the large corporations and the wealthiest Americans to pay their fair share,&#8221; a White House <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2022\/05\/10\/the-biden-harris-inflation-plan-lowering-costs-and-lowering-the-deficit\/\" target=\"_blank\" rel=\"noopener\">press release<\/a> states.<\/p>\n<p>The release says that, &#8220;one of the main ways Congress and the executive branch can act to lower price pressures is to reduce the federal budget deficit.&#8221;<\/p>\n<p>&#8220;President Biden\u2019s plan will make the wealthiest Americans and largest corporations pay their fair share, including through a new Billionaires\u2019 Minimum Income Tax. By enacting reforms to make corporations and the wealthiest Americans pay their fair share, Congress can lower the deficit even more, while also lowering costs for families,&#8221; the press release states.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Biden administration is suggesting that making corporations cough up &#8220;their fair share&#8221; would help alleviate the nation&#8217;s inflation problem.&#8221;You want to bring down inflation? Let\u2019s make sure the wealthiest<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1475144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1475144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1475144"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1475144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1475144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1475144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1475144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}