During a Pittsburgh speech this week in which he unveiled a $2 trillion infrastructure proposal, President Biden suggested increasing the corporate tax rate from 21% to 28% and imposing higher taxes on multinational companies, a plan he said would generate more than enough revenue for his infrastructure ideas.
READ MORE: https://www.forbes.com/sites/joewalsh/2021/03/31/biden-wants-to-raise-taxes-to-pay-for-infrastructure-bill-but-says-hes-open-to-other-ideas/?sh=c2122e6318a1
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Biden this week: No one making under $400,000 will see higher taxes to pay for infrastructure plan