US President Joe Biden is proposing to fund his $2.25 trillion economic programme by increasing taxes for the first time in nearly 30 years.
The Biden administration’s ambitious plan to stimulate the coronavirus-hit economy will include investments in infrastructure, cleaner drinking water and green energy.
But Republicans in Congress opposing the tax on corporate and high-earners say the sums involved are just too high.
Al Jazeera’s Patty Culhane reports from Washington, DC, the US.
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#PresidentBiden #infrastructureplan #GOP
Americans want to copy Chinese
@Serenity Hmmm US and the West are NO saint too ! For every accusation that the US and West accused China of … they have committed far worst .
China is growing its own path and until the West starts imposing their will on China. Hence the need to be stronger so that the West cannot impose their will on China !
NO nation can impose their will and ideologies on others. The hypocrisy of the West claiming to respect others and yet at every turn undermine/ interfere in the sovereignty and system of others ….
Where the “copy” is concern, every time a factory line is being relocated overseas it will always involve tech transfers (happens every where) so as to allow local producers to produce the end product at a cheaper price for the seller’s market. End of day the trade war hurt US consumers … when the US consumer have to pay for higher import items …
The big 4 inventions of China has been copied and used extensively by the world and yet no royalties were paid to them
There is also Edward Snowden, the US and Swiss crypto scandal … and the list goes on …
End of day, US destabilise regions for their geopolitical interest and at the same time allowing for their MIC to make profits off conflict …
You rhetoric shows how ignorant you are !
No, America were accused by the British of copying them and stealing intellectual property.
Copy what china copy totally everything from America its high ways bridges skycraper tunnels and many more
@W F what are you talking about
And the dude who wrote this is dumb
A wise man once said “America is a third world country with a gucci belt”.
Wow, that statement just shows how privileged you are. That itself is an insult to people that are actually suffering in third world countries
@Duffy63 I mean Flint’s water is still contaminated soooooooo
@archer c Tf you talking about? Flint’s water crisis was already solved hella long ago. You have no idea what you are talking about
@Duffy63 according to who? The same people who caused the problem?
@archer c Uhhh, according to the people in Flint who used to get the dirty water lol. The officials who were responsible for the crisis were already charged and arrested for negligence and endangerment.
Modi modi.
Until you get a president like PM modi, America is doom.
5.6 million casualties in corona😱😱😱
Looool
You dump he is pm not President
India has 100.000 covid cases per day lmao
As if america’s racial problems is not enough. With someone like modi only thing that increases is religious discrimination.
USA doesn’t have 5.6 million deaths to Covid 19
What an dweeb. What a total lie from an ignorant, disingenuous disgraceful person.
Tell your PM to pronounce Trumps name correctly. Ok.
US corporations hiding trillions in offshore bank accounts. LMAO.
Corrupt governance that protects corporations from bankruptcy while neglecting everyone else. It means a lack of innovation and competitiveness, that’s why America is 💩.
@Madd 1243 joe biden is not like that. Have you heard that hes gonna spend 2 trillion for upgrades some sectors thay america is lagging behind
Yep 🤣🤣🤣
@Knock Off culture it’s still too early to tell if he really has the guts to stand up to them. If he doesn’t put them in their place permanently, they’ll come back worse than ever before and they will never let go.
@Madd 1243 then its not to early us government. There is a change of adminstrations every 4 years and wether you like or not US government js not consistent. But atlease their trying their best to deal with their own problems.
Lol now they want the world to follow suit but they themselves reduced corporate tax, what clowns.
Usa is paying for china’s infostructure i would rather the money get spent on the usa not china
the american dream baby
We literally had dams collapse last year in Michigan… some of these damns are older then my granddad
spending more on infrastructure is far better than spending on ridiculous quantity of military arms.
Yes. To an extent. But an army is still important for self-defense, to favor one’s interests and to create jobs. Remember, the Pentagon is the largest public employer in the world.
@Serenity LOL when was the last war where us military actually defended the homeland? is iraq and afghanistan also us states?
America: pretty woman with horrible teeth?
America should spend more on arms. Infrastructure developing defeat the purpose of regime change,as most past president aspire to.Only huge spending on arms can make America great again.
US senators hates rising taxes for their favorite donors and corporations. They hate holding those who should be held accountable, accountable.
I am so baffled,are u a trump republican or not?!?
I think , now US copying china
How
Who cares what the RethuglieKKKlans want? When have they ever done anything that was good for the US. They’ve turned the US into a laughingstock.
Sigh, they would have more than enough $ paying for these, if they hadn’t bailed out failing companies and banks.
Dont worry about the rest of the world. You start taxing america’s rich n corps the proper rate. Worry about fixing yourself first!
??
Not corporations but small and medium sized businesses will bear the burden
How?
@RalphMarx mega corps have way more strings they can pull, since they hire smartest and influential people. Just watch
@BestIntentions Cool, lets tax em anyway and fix the loopholes so they dont do that.
1:03 LOL
Come on, man
LMAO! SO? Did republicans care about what Dems wanted a couple years ago? No? Too bad so sad. And corporate tax hikes increase the economy because they improve buying power of people…you know…the majority of the population.
USA need people to people connect with less hate in their minds and souls. The word “United” is the key.
This disgusting and toxic liberal trope is large part of the reason why America is in this situation. No! There can and never will or should be unity between workers, labourers and small business owners on one the hand and capital owners on the other.
@RB I think he was talking about the people being united, only the powerful would see that as a negative.
Good
if the US were to cut their overseas military bases and spending, there isn’t a need to increase tax, its really amazing that most americans are just clueless that’s the price to pay for trying to force their agenda world wide, having all that aircraft carrier groups and subs cost a lot of $$$$$$.
Yes, I agree. Buy united states steel $X. Will go to 50 mid year! Great pick !
Why raise tax when you can simply print the money? It’s America.
Look at china’s infrastructure and America’s lol…
Imagine thinking trickle down economics isn’t just a literal scan
Your taxes were already supposed to fix infrastructure.. except they bought bombs and warships and filled there pockets.
At this point, I don’t even know why some Americans still vote for the Democrats…
Totally very wrong Spending;;;;; the best idea for US to spend for War just in the name of human rights gay rights N lesbians rights
They will print 2.25 Trillion and the infrastructure will still be falling apart. They are destroying the currency not repairing the infrastructure.
Honestly I don’t think you understand how they pay for this stuff
come on man
Why do people feel that america should have decent infrastructure? Damned stupid idea!
In the uk they drive on the left here on the balkans we drive on whats left
Europe far Better than USA we have good train service we have universal health system I am proud being a European
I wish in USA also improve they system
Promises are meant to be broken. He is a politician did you all really believe he would bring noticable change and kept Promises.
Republicans are hypocrites, if Trump had a 2 Trillion Infrastructure plan they would be on board.
You can almost see the marionette strings extending from McConnell’s back
Under trump republicans didn’t want to talk
Under biden republicans want bipartisanship
American’s threat is always American themselves. Not China. Not Russia.
Not really
Nike don’t pay any tax but I do when I buy their shoes
Ohhh poor America, the world doesn’t care!
Okay 👌 then why did you watch
The US desperately needs to do this. To compete in the 21st Century, and compete with a rising China.
Republicans care more about corporate more than America. 4% raise won’t hurt a fly with this big corporation infact expert predict America will gain 6% rise in economy.
Wow tax evasion is everywhere. 55 big corporations didn’t pay their income taxes
“Tax evasion” implies that the companies did something illegal. More than likely what happened is that the companies took advantage of various deductions, loopholes, and the like in our current tax law to reduce their tax liabilities.
Indeed. Joe abidin needs to focus on building af bases around scs.
Infrastructure is expensive and repairing them is more expensive then maintaining them. Did the US suddenly has no funds?
Canada will thank Biden if he drives business to us.
kind of makes sense if they can get world govts to agree
Bridges collapsing, dams breaking and roads destroyed and the government decides to spend another few hundred billion dollars on some missiles and a rail gun ship. America
I never knew I could hate someone a little bit more every time a word comes out their mouth but Mitch McConnell has the gift!
Republicans have no say so about anything. We have Cancelled them. The Gop has Collapsed.
Democrats have seen this playbook. Republicans are posturing. Democrats could scale it back and Republicans would move the goalposts and then never vote for it anyway. They pulled this same BS with Obama, who never seemed to catch on. Biden knows their games.
As long as corporations have the ability to claim various deductions and other legal tax avoidance strategies, it won’t matter what the corporate tax rate is.
Come on, man – Joe Biden