MIDDAY POSTER: Biden Tax Plan Is Bad News For Gordon Gekko
By Walker Bragman
President Biden’s proposal today to raise the corporate tax rate to 28 percent is a moderate plan to keep the rate below what it has been for most of the last 70 years, but it may have profound consequences for one particularly predatory sector of Wall Street that has been pillaging the economy and bankrolling the Republican Party.
Also:
- Encouraging new polling data on America’s views of labor unions and corporations.
- Troubling new data about how water pollution may be affecting children.
- An anti-corruption push in an increasingly blue state runs into a wall of opposition.
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