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Biden has options beyond a corporate tax hike to pay for infrastructure, as negotiations get underway


Wind turbines and power transmission lines at a wind farm near Highway 12 in Rio Vista, California, on Tuesday, March 30, 2021.David Paul Morris | Bloomberg | Getty ImagesAs President Joe Biden attempts to curry favor for his proposed corporate tax hike, the administration still has other ways it could try to fund and finance its $2 trillion infrastructure legislation.Biden could decide, for example, to return to a campaign promise to ask the country’s wealthiest households to contribute more in personal income taxes or lobby to increase the federal gasoline tax.Other funding ideas include a so-called mileage tax and better monetization of the …

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