Biden Willing to Compromise on 28% Tax Rate: Secy. Raimondo

The video discusses the proposed infrastructure bill, focusing on corporate and individual tax increases. The corporate tax rate is suggested to rise to 28%, with room for compromise. The business community largely supports infrastructure investments, though opinions on tax rates vary. Individual tax increases for those earning above $400,000 are also covered, with potential for bipartisan compromise. The importance of closing tax loopholes and treating capital gains as ordinary income is highlighted.

What is the proposed corporate tax rate mentioned in the discussion?

What do business leaders think about the proposed corporate tax rate?

What is the general consensus among CEOs regarding the need for investments in infrastructure?

What are some of the investments mentioned that are part of the infrastructure bill?

What is the stance of the President regarding tax increases for individuals making $400,000 or below?