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Janet Yellen urges businesses to support corporate tax hikes to fund Biden’s infrastructure plan

Janet Yellen

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Now that the entirety of President Joe Biden’s $4 trillion infrastructure plan has been unveiled, his administration is canvassing for support. Treasury Secretary Janet Yellen was the most recent member of Biden’s administration to make the case.

On Monday, Yellen delivered a speech to the Chamber of Commerce, which supports the interests of businesses, urging them to support Biden’s infrastructure plan. Biden originally proposed funding the plan through a corporate tax hike to 28%, and given fierce Republican opposition to that idea, he has expressed willingness to negotiate on the size of the tax hike, but details ⇒

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