×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: corporate tax

Biden Would Like Corporate Tax of 25-28%: CNBC

Biden Would Like Corporate Tax of 25-28%: CNBC
(Getty)

Thursday, 06 May 2021 03:24 PM

President Joe Biden said he wants to see a corporate tax rate "between 25 and 28" percent, CNBC reported on Thursday, citing his remarks at an event in Louisiana.

"The way I can pay for this, is making sure that the largest companies don't pay zero, and reducing the (2017 corporate) tax cut to between 25 and 28," Biden was quoted as saying in the report.

Corporate tax hikes are aimed at helping defray the costs of the president's ambitious infrastructure proposal and American Families Plan, which would provide things like expanded education, child care and paid leave.

© 2021 Thomson/Reuters. All rights reserved.


Politics
President Joe Biden said he wants to see a corporate tax rate "between 25 and 28" percent, CNBC reported on Thursday, citing his remarks at an event in Louisiana. "The way I can pay for this, is making sure that the largest companies don't pay zero, and reducing the (2017...
corporate tax
98
2021-24-06
Thursday, 06 May 2021 03:24 PM
Newsmax Media, Inc.
Join the Newsmax Community
Register To Comment Login To Comment
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved