Share on facebook
Share on twitter
Share on linkedin
Share on email

One Day Congress Subsidizes Microchip Producers – The Next It Whacks Them With New Taxes

We mentioned yesterday that manufacturers get killed under the new corporate tax in the Manchin-Schumer plan. One of those industry groups is the semiconductor manufacturers. Wait. The Chips Bill passed last month gives $50 billion to companies like Intel and Samsung and now this hits them with a new annual tax estimates to cost the industry nearly $2 billion a year. The left hand of the government gives, and the right hand takes away.

SUBSCRIBE TO THE
Unleash Prosperity Hotline

 

1155 15th St NW, Ste 525
Washington, DC 20005