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Stocks Gain Despite GOP’s Dire Warnings About Biden Reprinted with permission from Alternet In addition to proposing an increase of the United States' corporate tax rate from 21 percent to 28 percent, President Joe Biden began a push this week for a major hike in the capital gains tax. Republican Sen. Shelley Moore Caputo of West Virginia and others on the right, not surprisingly, slammed the proposal and predicted the worst, and some on the right felt vindicated when the stock market dipped sharply after Biden's announcement. But liberal economist and New York Times columnist...

Here's the truth about the stock market's reaction to Biden' new tax plan Joe Biden in August 2020, the White House Joe Biden had the perfect response to Republicans' alleged concerns about the deficit In addition to proposing an increase of the United States' corporate tax rate from 21% to 28%, President Joe Biden began a push this week for a major hike in the capital gains tax. Republican Sen. Shelley Moore Caputo of West Virginia and others on the right, not surprisingly, slammed the proposal and predicted the worst, and some on the right felt vindicated when the stock mark...