Political Quotes

Katie Porter: The President’s proposal, which I strongly support, is to simply revert the corporate income tax rate to what it was…

On the recordApril 7, 2021
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.
Said by
Katie Porter
Democratic · California
Source
msnbc.com

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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