after thoroughly researching this week's second discussion question, I have found more information on taxes than I ever thought existed. From my understanding, taxes have many functions and can be seen from various angles. In general, they are a way for governments to generate income to pay for infrastructure and public services. Taxes can also be used as a tool for policy to achieve different economic, social, and environmental goals. The article that I found from the Wall Street Journal for this discussion reply is entitled "Biden Tax Plan Targets Profitable Companies That Pay Almost Nothing" and was written in July 2020. In summary, profitable businesses like Amazon would no longer be able to make use of legal loopholes to substantially lower their U.S. tax obligations under Joe Biden's proposal to raise and restructure corporate taxes. Biden intends to increase tax rates as well as impose a 15% minimum tax on profits disclosed to investors, which would restrict businesses' use of well-liked tax advantages. Over a ten-year period, this minimal tax is expected to generate over $400 billion in revenue. The plan attempts to raise more money for infrastructure, clean energy, and other important goals. My analysis is that the main goal of Biden's tax proposal is to be a tool for policy rather than to generate income. Limiting profitable businesses' ability to make use of tax breaks and bring down their tax obligations to almost nothing is the main goal. The idea aims to solve the issue of corporations paying very little or no taxes by balancing the differences between financial statements and tax filings by imposing a 15% minimum tax on reported income. Overall, the purpose of Biden's tax plan appears to be to combat tax evasion and advance economic justice, with revenue creation being a secondary goal.