Joe Biden offers to keep tax cuts intact to pay for infrastructure

President Biden's new offer to pay for infrastructure would look to end tax loopholes for corporations but not raise the corporate tax rate.
Article Thu, Jun 03, 2021

In a concession to Republicans, President Joe Biden proposed that instead of raising the corporate tax rate to pay for a bipartisan infrastructure package totaling at least $1 trillion, they’d work to ensure corporations don’t exploit tax loopholes.