President Biden is trying to strike a deal with Republicans on how to pay for infrastructure improvements, proposing a 15% minimum tax on corporations.
Biden has proposed increasing the corporate tax rate to 28% from 21% to help fund his plans for roads, bridges, electric vehicles and broadband internet, and that remains one of his preferred approaches. But the rate hike is a nonstarter with Republicans because it would undo the 2017 tax cuts signed into law by President Donald Trump.
(AP Photo/Evan Vucci)