Published 3 years ago

Biden’s Concession on Corporate Taxes Not Enough

Summary

Playbook: “If you thought President Joe Biden’s offer to keep the corporate tax rate at 21% might yield a breakthrough on infrastructure … not so much. Biden told Sen. Shelley Moore Capito (R-WV) this week he’d be open to imposing a 15% minimum tax instead. But ahead of another Biden-Capito meeting today (this one not in person), plenty of reporting suggests the GOP is bearish on this alternative.

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Yahoo News

Biden Drops Corporate Tax Hike, Halves Proposed Infrastructure Spending in Concession to GOP

Biden outlined a plan for roughly $1 trillion in new spending financed through tax changes that would not raise the top corporate rate during a meeting.

3 years ago·Los Angeles, United States

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Reuters

Biden proposes 15% corporate minimum tax to win Republican backing of infrastructure plan

U.S. President Joe Biden offered to scrap his proposed corporate tax hike during negotiations with Republicans, two sources familiar with the matter said on Thursday, in what would be a major concession by the Democratic president as he works to hammer out an infrastructure...

3 years ago·United Kingdom

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Associated Press News

Biden offers tax deal to Republicans in infrastructure talks

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.

3 years ago·United States

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Washington Times

GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure

Senate Republican negotiators are poised to reject President Biden’s proposal to pay for massive spending on infrastructure by imposing a minimum 15% tax on corporations, The Washington Times has learned.

3 years ago·United States

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Political Wire

Biden’s Concession on Corporate Taxes Not Enough

3 years ago·New York, United States

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Politico

POLITICO Playbook: Tapper and Wallace take opposing tacks on GOP election deniers

And

3 years ago

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Leaning Left6Leaning Right2Center2Last Updated3 years agoBias Distribution

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Biden’s Concession on Corporate Taxes Not Enough

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Biden Drops Corporate Tax Hike, Halves Proposed Infrastructure Spending in Concession to GOP

Biden Drops Corporate Tax Hike, Halves Proposed Infrastructure Spending in Concession to GOP

Biden proposes 15% corporate minimum tax to win Republican backing of infrastructure plan

Biden proposes 15% corporate minimum tax to win Republican backing of infrastructure plan

Biden offers tax deal to Republicans in infrastructure talks

Biden offers tax deal to Republicans in infrastructure talks

GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure

GOP ready to reject Biden counteroffer of 15% minimum corporate tax to pay for infrastructure

Biden’s Concession on Corporate Taxes Not Enough

Biden’s Concession on Corporate Taxes Not Enough

POLITICO Playbook: Tapper and Wallace take opposing tacks on GOP election deniers

POLITICO Playbook: Tapper and Wallace take opposing tacks on GOP election deniers

Coverage Details

Bias Distribution

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