President Joe Biden continues to advocate for a 28% corporate tax rate to fund his multi-trillion-dollar infrastructure spending plan, even if it takes 15 years to cover the cost. Republicans and many moderate Democrats are opposed to the proposal, with both sides arguing it would make the United States less competitive and hurt wage growth. Since any tax hike is low-hanging fruit for conservatives and libertarians, does standing in opposition to raising corporate confiscation rates depict a maverick or somebody merely playing it safe in a tense political climate? Perhaps Senator Susan Collins (R-ME) can be asked this question.
Article by Andrew Moran from Liberty Nation.
A Susan Collins On The Rocks
Collins recently sat down with CNN to share her opinion of Biden’s plan to pay for his $2.25 trillion infrastructure scheme. The Maine senator — considered one of several crucial votes in the anything-goes 50-50 Senate — voiced her resistance to the 28% figure emanating from the White House, warning about offshoring jobs:
“Let me tell you what I won’t support. I won’t support American businesses paying the highest corporate tax rate among developed countries in the world once again, and, unfortunately, that’s what 28% would be. And that means that jobs would once again go overseas.”
Collins stopped short of how much she would be willing to compromise. However, the veteran senator did showcase her support for the $568 billion counter-proposal that concentrates on traditional infrastructure instead of the progressive goodies list in Biden’s package. It includes $299 billion on roads and bridges, $35 billion on drinking water, and $65 billion to expand broadband access.
She did not say how it would be funded, calling it “premature” to discuss the minute details of an infrastructure program that has yet to be agreed upon by either side.
“Well, at this point, I think now that the Republicans have put forth a reasonable offer, it’s up to the president to do a counteroffer to us,” Collins told CNN’s State of the Union. “That’s the amount that we spent to win World War II. So this is an enormous package when you take both the traditional core infrastructure parts and the huge expansion of social programs that the president is advocating.”
For the Democrats, it comes down to convincing at least ten Republicans and potentially two other Democrats – Sen. Kirsten Sinema (D-AZ) and Sen. Joe Manchin (D-WV) – to support their infrastructure legislation. The party could also employ budget reconciliation, a fast-track measure that would contradict the president’s promise of unity.
Art Of The Deal Or 4D Chess?
Is Biden taking from the pages of fo rmer President Donald Trump’s Art of the Deal? Or is 46 playing a game of 4D chess with the GOP faithful? Financial markets seem to believe that the White House will not be proceeding with a 28% corporate tax rate. Instead, the Oval Office is using this high rate to potentially get a more desirable 25% magic number that moderates think is a more reasonable figure. Even if that were the case, the decade-and-a-half revenue generation might fall short of covering the bill’s exorbitant seven-year price tag. In politics, 15 years is a lifetime. Most voters will not even remember a trillion-dollar spending program when the federal government will inevitably move ahead with a handful of those by the time the nation reaches the year 2036.
Where Were The Republicans?
During the 2016 election, Trump pledged to spend $1 trillion over a decade on America’s infrastructure. Each year throughout his term, the White House would announce an announcement. Nothing substantial came to fruition except slashing the regulatory red tape of building roads and highways. He ostensibly had the votes, so who knows what happened between him and his Cabinet officials in charge of this file? Maybe Transportation Secretary Elaine Chao was too busy, reportedly bringing family members to government meetings where they had a financial interest. Perhaps this is what Trump meant when he said he was against public-private partnerships. In other words, beware corporatism.
Read more from Andrew Moran.
‘The Purge’ by Big Tech targets conservatives, including us
Just when we thought the Covid-19 lockdowns were ending and our ability to stay afloat was improving, censorship reared its ugly head.
For the last few months, NOQ Report, Conservative Playbook, and the American Conservative Movement have appealed to our readers for assistance in staying afloat through Covid-19 lockdowns. The downturn in the economy has limited our ability to generate proper ad revenue just as our traffic was skyrocketing. We had our first sustained stretch of three months with over a million visitors in November, December, and January, but February saw a dip.
It wasn’t just the shortened month. We expected that. We also expected the continuation of dropping traffic from “woke” Big Tech companies like Google, Facebook, and Twitter, but it has actually been much worse than anticipated. Our Twitter account was banned. Both of our YouTube accounts were banned. Facebook “fact-checks” everything we post. Spotify canceled us. Medium canceled us. Apple canceled us. Why? Because we believe in the truth prevailing, and that means we will continue to discuss “taboo” topics.
The 2020 presidential election was stolen. You can’t say that on Big Tech platforms without risking cancellation, but we’d rather get cancelled for telling the truth rather than staying around to repeat mainstream media’s lies. They have been covering it up since before the election and they’ve convinced the vast majority of conservative news outlets that they will be harmed if they continue to discuss voter fraud. We refuse to back down. The truth is the truth.
The lies associated with Covid-19 are only slightly more prevalent than the suppression of valid scientific information that runs counter to the prescribed narrative. We should be allowed to ask questions about the vaccines, for example, as there is ample evidence for concern. One does not have to be an “anti-vaxxer” in order to want answers about vaccines that are still considered experimental and that have a track record in a short period of time of having side-effects, including death. One of our stories about the Johnson & Johnson “vaccine” causing blood clots was “fact-checked” and removed one day before the government hit the brakes on it. These questions and news items are not allowed on Big Tech which is just another reason we are getting canceled.
There are more topics that they refuse to allow. In turn, we refuse to stop discussing them. This is why we desperately need your help. The best way NOQ, CP, and ACM readers can help is to donate. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well. We are on track to be short by about $4100 per month in order to maintain operations.
The second way to help is to become a partner. We’ve strongly considered seeking angel investors in the past but because we were paying the bills, it didn’t seem necessary. Now, we’re struggling to pay the bills. We had 5,657,724 sessions on our website from November, 2020, through February, 2021. Our intention is to elevate that to higher levels this year by focusing on a strategy that relies on free speech rather than being beholden to progressive Big Tech companies.
During that four-month stretch, Twitter and Facebook accounted for about 20% of our traffic. We are actively working on operating as if that traffic is zero, replacing it with platforms that operate more freely such as Gab, Parler, and others. While we were never as dependent on Big Tech as most conservative sites, we’d like to be completely free from them. That doesn’t mean we will block them, but we refuse to be beholden to companies that absolutely despise us simply because of our political ideology.
We’re heading in the right direction and we believe we’re ready talk to patriotic investors who want to not only “get in on the action” but more importantly who want to help America hear the truth. Interested investors should contact me directly with the contact button above.
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