Sen. Blanche Lincoln: It Would Be a Major Blunder to Raise Taxes Right Now

March 4th, 2021

Let’s join together to eliminate wasteful loopholes rather than jobs. In addition, let’s work to strengthen the enforcement of existing tax laws rather than weaken a tax code that empowers U.S. businesses of all sizes to grow. And let’s maintain our globally competitive rate to help reignite our economy, create new opportunities for our country’s workers, and keep investment right here in America at a time when all three of these pillars of prosperity are needed the most. […]

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“I think it would be a bad idea.”

February 19th, 2021

CNBC Interviews the former Chairman & CEO of EY who says, “Could you imagine today if business had that higher tax rate and was trying to deal with all of these COVID-19 issues? I don’t think we’re going to be able, in this environment, to go back to the massive tax increases on business.” […]

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Sen. Blanche Lincoln: Corporate Tax Hike Is the Wrong Approach at Worst Time

November 22nd, 2020

Rather than raising taxes on the very domestic companies that can help drive America’s economic recovery out of this recession, our approach should seek to close the types of loopholes that President Obama lamented. Rather than encumbering companies that are struggling from this pandemic – and worse still, incentivizing the relocation of their operations and opportunities overseas – our approach should seek to ensure that no company can evade the tax rate already on the books.  […]

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