Biden says he does not think higher corporate taxes would harm US economy
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WEDNESDAY, AUGUST 17, 2022
Biden says he does not think higher corporate taxes would harm US economy

Global Economy

Reuters
05 April, 2021, 10:25 pm
Last modified: 05 April, 2021, 10:27 pm

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Biden says he does not think higher corporate taxes would harm US economy

Biden said he is not at all worried the tax hike would harm the economy

Reuters
05 April, 2021, 10:25 pm
Last modified: 05 April, 2021, 10:27 pm
Photo: Bloomberg
Photo: Bloomberg

President Joe Biden on Monday defended his proposal to increase corporate taxes to help pay for a big ramp up in US infrastructure spending, saying he is not at all worried the tax hike would harm the economy.

Speaking to reporters after arriving back in Washington after a weekend at the presidential Camp David retreat, Biden also said there was "no evidence" his proposed corporate tax increase would drive companies away from the United States.

Top News / World+Biz

Biden Presidency / USA / Tax hike

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