Biden Higher Corporate Taxes for Infrastructure
We ran the numbers: There are 2837 news articles covering this topic. 52% (1465) are left leaning, 30% (867) are center, and 18% (505) are right leaning.
Biden has proposed hiking the U.S. corporate tax rate to 28% from 21%. While left-leaning articles highlight that Amazon founder and CEO Jeff Bezos endorsed Biden’s focus on building up the country’s infrastructure, right-leaning articles highlight that Biden has pledged to raise taxes on high earning Americans in order to pay for his infrastructure bill.
A left-leaning article by The Washington Post highlights that Amazon founder and CEO Jeff Bezos endorsed Biden’s focus on building up the country’s infrastructure and said the company supports a corporate tax rate hike to help pay for it. Bezos’ statement comes after Biden singled out Amazon about how much it pays in federal taxes.
A centrist article by Newsweek highlights that moderate West Virginia Democrat Senator Joe Manchin criticized the corporate tax increase plan that Biden proposed to pay for the $2 trillion infrastructure bill. Republicans quickly expressed opposition to the proposal, taking issue with the president’s suggestion that the tax rate should be raised.
A right-leaning article by Fox News highlights that Biden has pledged to raise taxes on high earning Americans in order to pay for his infrastructure bill. Biden has repeatedly promised he won’t raise taxes on any American earning less than $400,000 but clarified that the proposed threshold applies to both married couples and individuals.
From the center
Joe Manchin Puts a Damper on Biden's Infrastructure Plan, Says It Risks U.S. Competitiveness
Newsweek