Friday, September 11, 2020

Joe Biden pledges to roll back Trump's corporate tax cuts on 'day one' of his presidency - Business Insider

Democratic presidential candidate Joe Biden pledged in a CNN interview on Thursday to undo President Donald Trump's corporate tax cuts on "day one" of his presidency. But it may be difficult for Biden to stick to that ambitious timeline since overhauling the tax code requires Congress to act. Biden's tax plan includes a partial rollback of the GOP's tax cuts, raising it to 28% from its current level of 21%. "I'd make the changes on the corporate taxes on day one," he said. https://www.businessinsider.com/joe-biden-trumps-tax-cuts-day-one-presidency-economy-2020-9

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