Biden outlines massive jobs and infrastructure plan
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Biden outlines massive jobs and infrastructure plan
President Joe Biden’s $2 trillion plan includes billions for building roads and bridges, extending broadband access, more research and development, and replacing lead pipes.
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12 reactions · 11 comments | To help finance his infrastructure plan, President Biden has proposed doubling the tax rate on GILTI, a flawed and poorly designed tax policy originally passed by Republicans in 2017, which would make it more difficult for U.S. businesses to compete abroad and harm American jobs here at home. Learn more: https://taxfoundation.org/tax-basics/gilti-foreign-tax-local-impact/ | Tax Foundation | Facebook
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12 reactions · 11 comments | To help finance his infrastructure plan, President Biden has proposed doubling the tax rate on GILTI, a flawed and poorly designed tax policy originally passed by Republicans in 2017, which would make it more difficult for U.S. businesses to compete abroad and harm American jobs here at home. Learn more: https://taxfoundation.org/tax-basics/gilti-foreign-tax-local-impact/ | Tax Foundation | Facebook
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