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Biden offers tax deal to Republicans in infrastructure talks

Posted on AllSides June 3rd, 2021
From The Left

President Joe Biden is trying to break a logjam with Republicans on how to pay for infrastructure improvements, proposing a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement as a possible compromise.

The offer was made Wednesday to Republican Sen. Shelley Moore Capito of West Virginia as part of the bipartisan negotiations and did not reflect a change in Biden’s overall vision for funding infrastructure.

White House press secretary Jen Psaki said Biden examined possible tax code changes from his plans that Republicans might...

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https://apnews.com/article/politics-donald-trump-business-government-and-politics-767504f2366617e89a35375a0786e59a

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