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Biden has proposed very large tax increases to finance a bigger burden of government spending. Many of those tax increases will be imposed on corporations, and this will be bad news for the workers, consumers, and shareholders (i.e., the ones who actually foot the bill when politicians raise taxes on businesses)
https://freedomandprosperity.org/2021/opinion-and-commentary/biden-tax-plan-hurts-competitiveness-of-u-s-multinational-firms/