03/13/2024
https://www.congress.gov...
"President Biden recently unveiled his infrastructure proposal in which he warned of the global 'race to the bottom' on corporate tax rates."
"He has proposed raising the corporate rate to 28 percent, which would make the U.S. subject to the highest corporate tax rate in the OECD."
"I support that."
"I wholeheartedly agree with this concern. I believe that we need to recognize that in order to compete with China we must not ignore America's unprecedented capacity for innovation."