The Biden Tax plan is designed to favor the entrenched elites while at the same time preventing up and comers from gaining elite status.

First off, corporations do NOT pay income taxes, people pay income taxes.

Consider this, if corporations really pay income taxes then why doesn't Biden have government lawyers file incorporation paperwork for 1,000,000 new corporations and then safely store that paper in the archives or wherever the federal government would normally  store paperwork like that.

Then he can sit back and watch as all that paperwork pays trillions of dollars in taxes to wipe out the deficit. (hmm...now why didn't anyone tax all those greedy corporations like that before?)

Ok, so where do corporate taxes really come from?  Well, just to name a few places they come from R&D, Expansion and employee pay and raises.  So Biden really wants fewer jobs with lower pay with this corporate tax petard.

He is trying to make his plan sound good with promises of many "benefits" but we all know from prior government programs that they are grossly inefficient and rife with fraud and abuse and these new programs would not be any different.  Try fixing Social Security, Medicare, Welfare and Obamacare first before you go Flucking everything else up too!  You can't fix it because you don't know how.  All you know how to do is come up with more rapist regressive and oppressive programs.

Biden claims his plan will make things better in the long run.  (Where have we heard that before?)
What he really means is that he will be out the door and down the road and he may even be dead by the time everyone figures out how harmful and stupid his ideas really are.

Secondly he claims he only wants to raise taxes on the elites.  Clearly this is not true either because he wants to give the wealthy elites all their old tax breaks back like the SALT deduction which primarily only helps the elites.

Also what raising taxes on people making more than $400,000 really does is make it harder for people who are not already wealthy to become wealthy.  This has the effect of benefiting the entrenched power-structure  wealthy elites.

I would go into more detail but most people have probably not even read this far.