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Biden’s $2 trillion infrastructure plan: what’s in for the masses?

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President Joe Biden unveiled a $2 trillion economic recovery plan on Wednesday afternoon, which includes raising the corporate tax rate from 21% to 28% to help pay for a massive overhaul of America’s infrastructure.

The proposal, called the American Jobs Plan, is the first of the two economic recovery plans the administration plans to roll out in the coming weeks. Biden detailed the infrastructure overhaul on Wednesday in Pittsburgh and the second plan — the American Families Plan — sometime next month, according to the White House.

The American Jobs Plan includes:

  • $621 billion to repair and modernize bridges, roads and highways; modernize and expand public transit systems; invest in electric vehicles; improve rail systems; improve ports, waterways and airports
  • $300 billion to boost U.S. manufacturing and strengthen supply chains
  • $111 billion to ensure safe drinking water by replacing lead pipes and services lines and updating water infrastructure
  • $100 billion to expand high-speed broadband access
  • $100 billion to build a more resilient electric grid
  • $213 billion to produce, preserve and retrofit more than 2 million “affordable and sustainable” homes to address the nation’s affordable housing shortage
  • $100 billion to build and upgrade public schools
  • $180 billion for research & development and technologies of the future
  • $100 billion for workforce development programs

The Biden administration also incorporates measures to fight climate change through clean energy and address racial equity through jobs, transportation and housing.

“This is not a plan that tinkers around the edges,” said Biden in Pittsburgh.

Biden calls for a $174 billion investment in the electric vehicle space — including rebates and tax incentives that would encourage Americans to buy electric vehicles, grant and incentives programs to build 500,000 electric vehicle chargers by 2030, and electrifying the federal vehicle fleet.

The administration says the plan will create “millions and millions” of jobs, though it has not yet provided an exact estimate.

In order to pay for the plan, Biden wants to hike the corporate tax rate to 28% — undoing a key part of Republicans’ 2017 tax cuts. He’s introducing the Made in America Tax Plan alongside the American Jobs Plan. The tax plan aims to increase the global minimum tax for U.S. multinational corporations, to make sure they pay at least 21%. It also includes measures designed to prevent companies from offshoring jobs and moving profits to tax havens.

Paying for the plan by fixing a ‘broken’ tax system

A senior administration official told reporters on Tuesday night the $2 trillion would be spent over the course of eight years, and the tax changes would fund the plan over 15 years.

The official said the “broken” tax system is currently “providing greater incentive to evade the U.S. tax system and to locate production overseas.” The White House argues the changes will make the U.S. more competitive and encourage domestic production in the United States.

“It’s time to build our economy from the bottom up and from the middle out — not the top down,” said Biden.

Sen. Ron Wyden (D., Oreg.), Chairman of the Senate Finance Committee, said he and Biden are “rowing in the same direction…by ensuring mega-corporations pay their fair share and overhauling Republicans’ 2017 international tax provisions.” In a statement, Wyden said he would introduce his own plan to overhaul international taxation next week.

Progressives, including Rep. Alexandria Ocasio-Cortez (D., N.Y.), argue the plan is not enough. Ocasio-Cortez said in a tweet that the plan needed to be “way bigger.”

Meanwhile, Republicans have bashed the idea of raising taxes on corporations to cover the cost of an infrastructure plan.

The Business Roundtable — made up of CEOs of the nation’s biggest companies — urged Congress to pass a bipartisan infrastructure plan and reject a corporate tax hike.

“Business Roundtable has long supported user fee models, which includes business paying its share, to provide sustainable support for infrastructure investment,” said Business Roundtable CEO Joshua Bolten in a statement. “Business Roundtable strongly opposes corporate tax increases as a pay-for for infrastructure investment. Policymakers should avoid creating new barriers to job creation and economic growth, particularly during the recovery.”

The U.S. Chamber of Commerce described the plan to pay for the infrastructure package with tax increases as “dangerously misguided.”

“Properly done, a major investment in infrastructure today is an investment in the future, and like a new home, should be paid for over time — say 30 years — by the users who benefit from the investment,” said Neil Bradley, executive vice president and chief policy officer for the U.S. Chamber. “We strongly oppose the general tax increases proposed by the administration which will slow the economic recovery and make the U.S. less competitive globally — the exact opposite of the goals of the infrastructure plan.”

The White House said it has already begun “extensive outreach” to Republican and Democratic members of Congress.

“I don’t think you’ll find a Republican today in the House or Senate…who doesn’t think we have to improve our infrastructure,” said Biden. “I’ll have a good faith negotiation with any Republican who wants to get this done, but we have to get this done.”

A senior administration official would not say if the administration would push to use the reconciliation process to pass the package without Republican support.

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Culled from Yahoo Finance

Author Jessica Smith is chief political correspondent for Yahoo Finance, based in Washington, D.C. Follow her on Twitter at @JessicaASmith8.

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Enugu Revenue Leader Details Tax Plans, Commits to Responsible Fund Management

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In a bid to address rising public concerns and social media speculations about taxation in Enugu State, the Executive Chairman of the Enugu State Internal Revenue Service (ESIRS), Emmanuel Nnamani, has provided clarifications on the government’s tax policies. During a press briefing in Enugu, Nnamani dismissed what he described as “false and misleading claims” and reassured residents that the government’s fiscal operations are firmly rooted in law, transparency, and public good.

Clarifying Misinformation and Affirming Legality

Nnamani opened the session by stressing that no taxes or levies in Enugu State are imposed outside the provisions of the law. “Taxes and revenues in Enugu State remain within the limits of the law. We do not impose any levies outside what the law permits,” he stated, pointing to the Personal Income Tax Act (as amended) as the guiding legal framework.

He explained that the ESIRS collects personal income tax through two lawful means: Pay-As-You-Earn (PAYE) for those in formal employment, and Direct Assessment for informal sector workers. While compliance among salaried workers has been largely smooth, the agency sometimes employs legal enforcement mechanisms to ensure compliance among self-employed individuals.

Formalising the Informal Sector

A key challenge, he noted, has been bringing the informal sector—especially market traders and transport operators—into the formal tax net. Upon assuming office, his administration discovered that an overwhelming 99% of informal sector actors were not remitting taxes to the state, largely due to the disruptive influence of non-state actors engaged in illegal collections.

In response, the government introduced a consolidated ₦36,000 annual levy for market traders. This amount, payable between January and March, covers all relevant state-level charges, including those by the Enugu State Waste Management Agency (ESWAMA), Enugu State Structures for Signage and Advertisement Agency (ENSSAA), storage fees, and business premises levies. “Once this amount is paid between January and March, the trader owes nothing else for that year,” Nnamani clarified. Traders who fail to pay by March 31 are subject to enforcement.

For street vendors operating outside structured markets, an annual levy of ₦30,000 applies, with ESWAMA charges handled separately. Transport operators such as Okada riders, Keke drivers, minibuses, tankers, and trucks pay via a daily ticketing system.

A Human-Faced Approach to Enforcement

Although the law allows for a 10% penalty on unpaid tax and an interest charge tied to the Central Bank’s Monetary Policy Rate of 27.5%, Nnamani disclosed that the state has adopted a softer, pro-business approach. Instead of the full punitive charges, a flat ₦3,000 penalty is applied in most informal sector cases to promote ease of doing business and encourage voluntary compliance.

Taxation and the Cost of Rent

Addressing growing concerns over rising rent, Nnamani rejected claims linking the trend to state tax policies. He described the issue as a national challenge influenced by supply and demand, rather than fiscal policy.

Citing personal experiences dating back to 2015, he observed that a shift in private development preference – from rental apartments to gated residential estates – has contributed to the housing squeeze. “If we had more high-rise buildings, rent would drop,” he noted. The state government, he added, is taking proactive steps through the Ministry of Housing and Housing Development Corporation to build mass housing and student hostels near institutions like ESUT and IMT, freeing up central city housing and helping moderate rents.

Technology, Transparency, and Trust

In line with its commitment to transparency and digital innovation, the ESIRS has launched a tax calculator on its official portal – www.irs.en.gov.ng – allowing residents to compute their taxes with ease and clarity. “This is about transparency and giving our people confidence,” he said, inviting residents to compare Enugu’s tools with those in more advanced states like Lagos.

Understanding the Cost of Development

Responding to concerns that Enugu has become one of Nigeria’s most expensive states, Nnamani acknowledged the perception but clarified that the temporary inflation is largely demand-driven. With Enugu undertaking widespread infrastructural renewal – including smart schools, primary health centres, and hospitality infrastructure – the surge in construction activity has led to increased demand for building materials like granite and rods, which are sourced from other states.

“Once these projects are completed, demand will drop, and prices will stabilise,” he assured. He emphasised that the projects are visible testaments to what taxpayers’ money can achieve when properly managed.

A Call for Mutual Understanding and Civic Partnership

More than a tax clarification, Nnamani’s address served as a reminder of the symbiotic relationship between citizens and government. He appealed for public understanding, noting that when citizens fulfil their tax obligations, the government can, in turn, provide essential services and infrastructure that uplift everyone.

His message was clear: responsible taxation, managed transparently and invested wisely, is the bedrock of sustainable development. From roads to schools and healthcare to housing, Enugu State is demonstrating how taxpayers’ money, when efficiently deployed, can improve lives and build the future.

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Houston Gets a Taste of West Africa at Chef Kavachi’s ‘Art of Fufu’ Show, August 8

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When it comes to international culinary gems and cultures across the United States, the city of Houston is counted among one of the best places to experience an authentic taste of every corner of the world.

 On the evening of Friday, August 8th, Houstonians will have a chance to engage all of their senses into the world of real West African flavors at Grubido’s ‘Art of Fufu’ Food & Art Show, a free culinary and art experience taking place at Flatland Gallery (1709 Westheimer Rd.) in Montrose.

  Curated by Grubido founder and Culinary Cultural Curator Kavachi Ukegbu, the annual celebration of west African cuisine and artistry will once again open its doors to patrons to witness the delights of creating and eating Fufu (a starchy, dough-like food that is a staple in many West and Central African countries), and its delicious and diverse pairings of soups and stews that originate from various parts of the continent, and uniquely compliment the beloved food staple as a complete meal. The event will also celebrate the observance of National Fufu Day  in the United States on August 11th.

  From the process of how different types of fufu are grown and manufactured, to the careful guidance on properly preparing the fufu to be eaten, the ‘Art of Fufu’ Food & Art showcase will give patrons a full circle perspective and appreciation for the food staple that has gained global popularity on social media and in many countries around the world.

  Attendees will be treated to fufu and soup samples, live Afrobeats music, an impressive display of fufu inspired artwork and collectables from over the years, and the opportunity to purchase Grubido food products, t-shirts, and the official The Art of Fufu cookbook. Originally published and released by Chef Kavach in 2021, “The Art of Fufu is a fascinating and informative guide to fufu, one of the most delicious and beloved staple foods of West Africans.” All cookbook purchases at the event will be signed by Chef Kavachi.

Entry for this event is free to all guests, but RSVP is strictly required in advance. To RSVP for the upcoming Art of Fufu Food & Art show, please visit the official website online at www.TheArtofFufu.com, or contact Grubido at (832) 818-6847.

The Art of Fufu Cookbook is a culinary treasure that explores the flavors, techniques, and cultural significance of fufu. It is a testament to the artistry of West African cuisine and serves as a guide for those seeking to immerse themselves in this beloved dish.

For more information, please visit www.theartoffufu.com & www.artoffufu.com

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The Leadership Deficit: Why African Governance Lacks Philosophical Grounding

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Leadership across nations is shaped not only by policies but by the quality of the individuals at the helm. History has shown that the most transformative leaders often draw from deep wells of ethical, philosophical, and strategic thought. Yet, in many African countries—and Nigeria in particular—there appears to be a crisis in the kind of men elevated to govern. This deficit is not merely political; it is intellectual, philosophical, and deeply structural.

There is a compelling correlation between the absence of foundational wisdom and the type of leaders Nigeria consistently produces. Compared to their counterparts in other parts of the world, Nigerian leaders often appear fundamentally unprepared to govern societies in ways that foster justice, progress, or stability.

Consider the Middle East—nations like the UAE and Qatar—where governance is often rooted in Islamic principles. While these societies are not without flaws, their leaders have harnessed religious teachings as frameworks for nation-building, modern infrastructure, and citizen welfare. Ironically, many of Nigeria’s military and political leaders also profess Islam, yet the application of its ethical standards in public governance is nearly non-existent. This raises a troubling question: is the practice of religion in African politics largely symbolic, devoid of actionable moral guidance?

Take China as another case study. In the last four decades, China’s leadership has lifted over 800 million people out of poverty—an unprecedented feat in human history. While authoritarian in structure, China’s model demonstrates a deep philosophical commitment to collective progress, discipline, and strategic long-term planning. In Western democracies, especially post-World War II, leaders often emerged with strong academic backgrounds in philosophy, economics, or history—disciplines that sharpen the mind and cultivate vision.

In stark contrast, African leaders—particularly in Nigeria—are more often preoccupied with short-term political survival than long-term national transformation. Their legacy is frequently one of mismanagement, unsustainable debt, and structural decay. Nigeria, for example, has accumulated foreign loans that could take generations to repay, yet there is little visible infrastructure or social development to justify such liabilities. Inflation erodes wages, and basic public services remain in collapse. This cycle repeats because those in power often lack not just technical competence, but the moral and intellectual depth to lead a modern nation.

At the heart of the crisis is a lack of philosophical inquiry. Philosophy teaches reasoning, ethics, and the nature of justice—skills that are essential for public leadership. Nigerian leaders, by and large, are disconnected from such traditions. Many have never seriously engaged with political theory, ethical discourse, or economic philosophy. Without this grounding, leadership becomes a matter of brute power, not enlightened governance.

The crisis of leadership in Africa is not solely one of corruption or bad policy—it is one of intellectual emptiness. Until African nations, especially Nigeria, begin to value and cultivate leaders who are intellectually rigorous and philosophically grounded, the continent will remain caught in cycles of poverty and poor governance. True leadership requires more than charisma or military rank—it demands the wisdom to govern a society with justice, vision, and moral clarity. Without this, the future remains perilously fragile.

♦ Dominic Ikeogu is a social and political commentator based in Minneapolis, USA.

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