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Biden open to 25% corporate tax rate as part of an infrastructure bill compromise



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WASHINGTON — President Joe Biden on Thursday said he wants to see a corporate tax rate “between 25 and 28″ percent, setting down a new marker in the ongoing negotiations over how to fund a major infrastructure bill.”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 said at an event in Louisiana. “That’s a couple hundred billion dollars, and we can pay for these things.”The remarks were the first time Biden had explicitly acknowledged that his initial proposal of raising the corporate tax …

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