Kyle Kulinski
@seculartalk·2.1M subscribers·24.1K videos
Joe Manchin Gets His Way AGAIN With 25% Corporate Tax
Posted
April 19, 2021
Views
38,114
Likes
2,485
Comments
922
Engagement
8.94%
April 19, 2021
38,114
2,485
922
8.94%
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The universe of Democratic senators concerned about raising the corporate tax rate to 28% is broader than Sen. Joe Manchin, and the rate will likely land at 25%, parties close to the discussion tell Axios.
Why it matters: While increasing the rate from 21% to 25% would raise about $600 billion over 15 years, it would leave President Biden well short of paying for his proposed $2.25 trillion, eight-year infrastructure package.
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