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US stocks dropped on the open, only to reverse course when Biden Administration offers to keep 2017 tax cuts to reach a deal in the pork laden infrastructure deal. 2017 tax cuts basically saw large multi-national companies paying virtually zero taxes. Corporate tax increases had been a key selling point to "pay" for Infrastructure spending, so apparently the burden shifts to the chumps that can't buy influence, or Modern Monetary Theory (MMT), the new and updated version of the magic money tree to kick the can down the road. Classic.
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