Biden Speaks on Economy (09-16-21) Taxes, Business, and Community

A speech from President Biden a few days ago on the economy that I missed that seems interesting from a policy standpoint. I'm not going to comment on much other then on the general concept of tax reform, business balance, and sense of community/national orientation. What I can say is I believe there may be other ways of designing taxes, outside of our norms that may make more sense in a global digital economy (Here is a calibrated tax plan I'm thinking about but isn't yet fully vetted.). In this case, the President is discussing more of the issue of imbalances between corporate taxes and middle class taxes and then leads into a few more concepts.

There should be a balance between the needs of small, medium and large businesses to create a resilient economy where the "mix" strengthens the entire system (opportunity, innovation, business diversity). When there are different types of businesses run by lots of different people of different backgrounds we have a more natural way to bring people into full economic engagement, speed up innovation as through knowledge transference, and develop stronger global PR presence as THE country where opportunities are present (...and with universalizing our core American values people know they can trust us to stand by those principles creating greater trust in the general American system that creates more opportunities for economic international growth.)

I can also say that I agree on the concept of corporations and the American people needing to create a sense of community. Social and business connections are important in helping executives feel connected to hardworking people and in turn seek to help their communities develop and flourish. The rest of the arguments I will leave for our political structure to agree, disagree, etc... with. (It may be possible to think of essential arguments and find similarities between the different political ideologies that leads to new ways of reworking those experiences/beliefs to find a pathway that appeals to the most stakeholders; business and people of my primary concern.)