Transcripts for MSNBC Craig Melvin Reports 20210913 15:37:00

MSNBC Craig Melvin Reports September 13, 2021 15:37:00

than they're paying now. they will pay 18%. 21% will stay for business income up to $5 million and 26.5% is going to be the rate that businesses making more than $5 million get done. at the end of the day, this is about largely about pay fors, progressive value in and of itself to curve income inequality to pass on the tax increases and the argument that progressives are pushing for the centrists is that if you want to be fiscally responsible, raise more taxes to pay for the plans. let's listen to senator alex padilla had to say about that. >> for joe mansions of the world who are concerned about being fiscally responsible here, here is how to invest significantly in infrastructure in ways that are needed and urgent and pay for it. so i think it's a strong step forward in getting the second of the two bill package done. >> just a taste of what we'll see from democrats over the coming weeks as they finalize a

Related Keywords

Businesses , Rate , Business Income , Million , 5 Million , 18 , 126 5 , 21 , Argument , Progressives , Centrists , Pay Fors , Tax Increases , Progressive Value , Income Inequality , Plans , Ways , World , Joe Mansions , Infrastructure , Alex Padilla , Taxes , Democrats , Step , Pay , Bill Package , Second , Taste , Two ,

© 2025 Vimarsana