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Morning Brew Daily
Biden Wants to Bump Up Corporate Taxes & The US Could Actually Ban TikTok
Mar 8, 2024
28:02
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President Biden's plan to increase corporate taxes, Congress potentially banning TikTok, Netflix entering the boxing arena with Jake Paul and Mike Tyson, Applebee's and IHOP teaming up, and a preview of the Oscars.
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Quick takeaways
- Biden plans to raise taxes on corporations and the wealthy, contrasting with Trump's tax policies.
- US Congress could ban TikTok, signaling a shift against Chinese tech influence and sparking tensions between US and China.
Deep dives
State of the Union Address and Tax Policies
President Biden delivered a State of the Union address highlighting his economic achievements, focusing on tax policies. He emphasized his plan to raise taxes for corporations and billionaires if reelected, contrasting with Trump's potential extension of tax cuts. The $6 trillion tax difference between the candidates poses a significant financial impact, underscoring a key difference in their economic policies.
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highlights
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