Summary List Placement
The Biden administration unveiled a proposal for a series of corporate tax hikes on Wednesday, projecting they would raise $2.5 trillion over 15 years to cover all of their infrastructure spending. But soon afterward, officials signaled an openness to compromise with lawmakers on the size of a corporate tax increase.
The 17-page report is designed as a sales pitch as the White House moves to garner support for its infrastructure plan just released last week. Major parts include: