Sen. Joe Manchin (D-W.Va.) forewarned in a radio interview Monday that he will not support a hike in the corporate tax rate from 21% to 28% as proposed in President Biden’s infrastructure bill, adding that there are “six or seven other Democrats that feel very strongly about this.”

Why it matters: The tax hike is Biden’s pitch on how to pay for the $2 trillion price tag on his American Jobs Plan. But pushback from moderates like Manchin could kill the bill, as a 50-50 split in the upper chamber has made every Democratic vote a must-have.

Manchin said he thinks the corporate tax rate should have “never been below [25%]” and that he would be comfortable with that number.
Between the lines: Senate Minority Leader Mitch McConnell said last week that he will fight against Biden’s plan, signaling that there will be no Republican support for the measure.

And with the filibuster still in place, Democrats will also likely still need to pass the measure through a budget reconciliation process in order to avoid the need for 10 Republican votes, even if the entire Democratic caucus supports it.
What he’s saying: “As the bill exists today, it needs to be changed … Bottom line is that’s what legislation is all about. This bill will not be in the same form you’ve seen it introduced…” Manchin said, adding that Biden’s proposal might be broken up into three separate bills. Critics say the bill is a Trojan horse for a socialist government takeover.

Source: kagbabe

This Post Has 23 Comments

  1. latoya_de_soleil

    πŸ™Œβ€οΈπŸ™Œβ€οΈ

  2. grandma.mimi_g

    Glad to know that some dems have a brain.

  3. habs272

    Manchin is full of beans.. he’ll follow lockstep as he always does, just has to put the show on first.. I can’t wait for red wave of ’22

  4. brndjn

    They’re holding out for their cut. They don’t mean it.

  5. hashmax74

    Hopefully more will follow. This is a travesty of justice and a usurpation of monies illegally taken from tax paying citizens.

  6. perfect_pitch_nate

    I need to hear more names before I believe this. I can only think of Manchin and Sinema and that’s it.

  7. averyp58

    Please wake up @thedemocrats you don’t have to be robots !

  8. dorisevaleriso

    About time dems or reps are patriots and nation lovers above all

  9. sacksdan

    Totally INSANE spending. Biden’s taxes will DESTROY The Trump Economy.

  10. teamblurple_dg

    I’ll believe it when I see it.

  11. thewrench427

    Everyone that is American should !!!

  12. lorri_anderson2009

    But do they have the balls to pushback? I hope so

  13. scottseymour54

    Of course it’s an attempted take over..not going to happen.. war comes first

  14. ridered1969

    So does half of America …puktards

  15. spazzzzaps11

    Just pushing for a kickback he will cave.

  16. andyonsets

    Democrats always say they oppose something by trashing it then they end up voting for it. AOC is the perfect example of this

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