Biden’s infrastructure plan takes aim at Trump’s biggest economic achievement
President Joe Biden is using his infrastructure plan to take aim at President Donald Trump's signature economic achievement: his corporate tax cuts.
The administration is calling for $2 trillion in new spending on roads, bridges and a myriad other projects, and sticking big companies with the bill. To defray its cost, his plan would roll back Trump’s cut in the corporate tax rate — Biden would hike it to 28 percent, from 21 percent — while stiffening a minimum tax on multinational corporations.