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Joe Biden asks Congress to increase the tax burden on large companies and fortunes

The US president has urged Republicans to work together to achieve a “full economic recovery.”

The president of United States, Joe Bidenhas asked Congress to approve his tax plan to raise taxes on large companies and fortunes, during his State of the Union address.

Biden has recalled that in 2020, 55 of the largest companies in the United States obtained 40,000 million dollars (37,000 million euros) in profits and paid “zero taxes” federal income, a fact that he has described as unfair.

“Thanks to the law I signed, multi-billion dollar companies have to pay a minimum of 15%. Only the fifteen %. That’s less than what a nurse pays. Let it be clear “, she has riveted, reiterating before Congress her request to approve a tax package that increases taxes on the richest.

In this sense, he has urged the Republicans to “collaborate” to “finish the work that will lead to economic recovery” after several years of bumps.

In his speech, which lasted 73 minutes, he stressed that the country has managed to “drastically improve” economically compared to the state of the economy when he took office two years ago.


Source: Eitb

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