Category: Sen. Shelley Capito

Biden Considers 15 Percent Minimum Corporate Tax Rate to Pay for Infrastructure Bill

June 3, 2021
American infrastructurecorporate tax rateDemocratseconomyExecutive BranchPoliticsSen. Shelley CapitoUS
0 Comment

President Joe Biden has proposed a minimum corporate tax rate of 15 percent, and increased Internal Revenue Service (IRS) funding, as a way to pay for an infrastructure package that he is negotiating with Republicans, according to the White House. “The book minimum (15 percent) was in the president’s American Jobs plan proposal as a…

Read More

Republican Senators Make New Counteroffer to Biden’s $1.7 Trillion Infrastructure Plan

May 27, 2021
Biden infrastructure packagecongresseconomyExecutive BranchGOP infrastructure packagePoliticsRepublicansSen. Shelley CapitoUSUS News
0 Comment

Republican senators outlined a $928 billion infrastructure proposal on Thursday, in their ongoing effort to negotiate with President Joe Biden’s initial $1.7 trillion package. Senator Shelley Capito (R-W.Va.) told reporters at a press briefing that she has been involved in several months of negotiations with the White House and thinks this bill is a good…

Read More