The Tax Hikes Dems are Proposing to Fund Their Spending Plan

Gage Skidmore Flickr

Raise Taxes on Corporations

MikeMozartJeepersMedia, CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0>, via Wikimedia Commons

 

President Biden is also advocating for higher taxes on businesses, including hiking the corporate tax rate to 28% from 21%, rolling back a key part of Republicans’ 2017 tax law.



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