Sign in Subscribe

Tax plan

Here’s what business leaders think about Biden’s proposed tax plan

Here’s what business leaders think about Biden’s proposed tax plan

Generally, business leaders support spending government funds on infrastructure, as they believe that it will bolster the US economy. However, they strongly oppose higher tax rates. American business leaders are bracing themselves for President Joe Biden’s proposed increase in taxes on large corporations. Following Biden’s US$2.3

Will Biden's tax plan work?

Will Biden’s tax plan work?

Along with the infrastructure plan, the Biden administration also released their plans to pay for it: an increase in corporate tax rates and a clampdown on tax-dodging, focusing on removing tax evading corporations and wealthy individuals. Last week, President Joe Biden announced a US$3 trillion infrastructure plan designed to