Biden Administration Eyes Raising Corporate Tax Rate to Pay for Stimulus
about 3 years in theepochtimes
WASHINGTON—The Biden administration has signaled that it could introduce gradual tax hikes to help pay for spending initiatives, drawing criticism from Republicans who worry that tax increases would hurt the economy. As part of his campaign promise, President Joe Biden proposed raising the federal corporate tax rate to 28 percent from the current 21 percent. And […]
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