Home Business Biden willing to negotiate on corporate tax rate, but says inaction not an option on infrastructure

Biden willing to negotiate on corporate tax rate, but says inaction not an option on infrastructure

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Biden willing to negotiate on corporate tax rate, but says inaction not an option on infrastructure

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U.S. President Joe Biden speaks in regards to the Biden administration’s coronavirus illness (COVID-19) pandemic response as Vice President Kamala Harris listens within the State Dining Room on the White House in Washington, March 2, 2021.

Kevin Lamarque | Reuters

President Joe Biden mentioned Wednesday that he’s willing to negotiate on the proposed corporate tax price hike in his $2 trillion infrastructure plan.

“I’m willing to hear to that,” Biden mentioned on the White House when requested if he would think about a decrease corporate tax price than 28%, as his plan at present requires.

“We’ve acquired to pay for this,” Biden added, noting that there are “many different methods we will do it.”

“But I’m willing to negotiate that,” he mentioned.

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