The President’s proposal, which I strongly support, is to simply revert the corporate income tax rate to what it was before Donald Trump’s disastrous presidency. This is a simple proposal. It’s to simply go back to that 28 percent rate, which by the way, would still be the lowest rate of taxation on corporations since before World War II.
Katie Porter: “The President’s proposal, which I strongly support, is to simply revert the corporate income tax rate to what it was…”
Editor's note · Context
Porter supports Biden's proposal to raise the corporate tax rate back to pre-Trump levels as a necessary investment in the economy.
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