Discuss: What caused the biggest deficits in the early 1900s, again around 2007-2009, and the current situations that increased the deficit? Explain Biden's latest proposal to raise the corporate tax rate to help pay for spending on a second stimulus package. What is the rationale behind raising to corporate taxes? How does this suppose to help lower the deficit? This proposal was meant to take the heavy weight of the tax burden off the middle class and put it on the backs of the most profitable businesses in the US. Give me a "Pro" how this may work and a "Con" how this may backfire and actually hurt middle class investors