June 4, 2021

Talking Points Memo: If Biden’s Corporate Tax Offer Isn’t A Feint, Then It’s A Massive Concession

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Their specific opposition to the corporate tax hike, Matt Gardner, corporate tax expert at the left-leaning Institute on Taxation and Economic Policy, told TPM, is part of their “hidebound refusal to contemplate anything that reverses any element of the Tax Cuts and Jobs Act.”

“Where is the tax increase that Republican leaders in Congress haven’t expressed opposition to? I can’t find it,” he added.

So far, Republicans have only offered up the vague notion of a tax on usage of the infrastructure along with redistributed COVID-19 aid, and Sen. Roy Blunt (R-MO) tossed out the idea of a tax on electric vehicles at a recent press conference. Read more



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