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The Coming Corporate Tax Hike (Axios)

US

Democrats are zeroing in on raising the corporate tax rate from its current 21% to 28% as one of the easiest ways to find new revenue for an infrastructure package. While many senators are signaling that President Biden's next big-ticket bill must come with a way to pay for it, the White House and its Democratic allies are growing confident they can get there, in part, by increasing corporate taxes.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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