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- Tax increases to be paying for Biden's $2.25 trillion infrastructure plan - White House
Tax increases to be paying for Biden's $2.25 trillion infrastructure plan - White House
Proposes US corporate tax rate to go up to 28% from 21%
Tax increases to "fully pay for the investments in this plan over the next 15 years"
$650 billion to be used for initiatives to improve quality of life at home
$620 billion to be dedicated to transportation
$400 billion to address improved care for the elderly, people with disabilities
$580 billion to strengthen US manufacturing, research and development
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