There are some here who believe that we ought to borrow from the Chinese and our other creditors or shift more of our tax burden onto small businesses and individuals so that a few large multinationals can pay even less than the relatively low effective rate that they pay today when they pay taxes.
Lloyd Doggett critiques proposals that favor multinationals over small businesses in tax policy.
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In contrast, what the chairman has been urging the Biden Administration to do is to embrace an extension of all of the very inequitable Trump tax breaks that I have seen estimates would cost $3.5 trillion in additional debt.
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