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Senator Coons Suggests Corporate Tax Hike Not the Only Way to Pay for Infrastructure Plan

Delaware Democratic Senator Chris Coons says that some Republicans are prepared to raise taxes to pay for the Biden administration's… read more

Delaware Democratic Senator Chris Coons says that some Republicans are prepared to raise taxes to pay for the Biden administration's infrastructure plan, including a possible gas tax by imposing a vehicle miles travel fee for road infrastructure. However, he says there is resistance to rolling back the 2017 Trump-era tax cuts. He also says there more ways than one to raise revenue, including looking at how multi-national companies might pay taxes in the future. Senator Coons says that if there are political challenges with raising the corporate tax rate then lawmakers are going to have to have a conversation about the "pay-fors" for the plan. The alternative he says, "is for us not to not fully pay for it." close

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Senator Coons Suggests Corporate Tax Hike Not the Only Way to Pay for Infrastructure Plan

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Program ID:
510590-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States

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