U.S. President Joe Biden recently proposed a total of $4 trillion in infrastructure, jobs and family plans to raise funds through tax increases on the rich and higher corporate tax rates, opposed by members of both parties. Biden said yesterday (5) that he is willing to compromise and is open to consultation.
Foreign media reports, Senate Republican leader McConnell (Mitch McConnell) recently indicated that will be 100% of the heart to prevent Biden’s plan to build the pass. Biden said he was willing to compromise, the plan does not have to fully comply with his instructions, and revealed that he would consider changing the corporate tax rate from 21% to 25%, rather than the original scheduled 28%. Biden also said that the tax rate adjustment rate has room for discussion, but will never withdraw the proposal to adjust taxes, and added that these plans have caused a $2 trillion shortfall, do not want to create another deficit.
The Economist Intelligence Unit also recently published a report estimating that Biden’s $4 trillion stimulus package for infrastructure, jobs and households will eventually be cut in half, with only about $2 trillion to be passed, with electric vehicles and the digital economy attracting much attention, and construction and clean energy thought to be the main winners.
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