After putting a final spear through the heart of what remained of Biden’s and the Democrat’s domestic agenda, West Virginia’s Democratic senator Joe Manchin now rejects any tax increases on big corporations or the wealthy – until inflation is no longer a problem.
This is rich, in every sense of the word. Raising taxes on big American corporations and the wealthy would not fuel inflation. It would slow inflation by reducing demand – and do it in a way that wouldn’t hurt lower-income Americans (such as those living in, say, West Virginia).
