Home Business Biden officials push for higher business taxes, see room for compromise

Biden officials push for higher business taxes, see room for compromise

by staff

The roughly $200 billion gap between how much the taxes would raise and how much the administration wants to spend suggests there is space to address critics, such as West Virginia Sen. Joe Manchin, a key Democratic vote, who would prefer a 25% rate. Republican lawmakers have opposed the plan because of its tax hikes and what they say is an overly broad definition of infrastructure.

Related Articles

Leave a Comment