The White House is calling on Republicans to suggest alternative ways to pay for President Joe Biden’s $2.25 trillion infrastructure and jobs plan as they voice opposition to his proposed corporate tax hikes.
White House press secretary Jen Psaki bristled Thursday when asked about Republican opposition to increasing the corporate tax rate to 28%, a reform floated by Biden a day earlier in a Pittsburgh speech. That hikes the rate from 21%, a rate ushered in by former President Donald Trump’s 2017 tax cut law.
“Maybe they don’t believe we should pay for it. If so, they should say that,” Psaki told reporters. “We don’t believe that the cost should be on the backs of the American people. We believe that corporations should be able to bear the brunt for investing in America’s workers, but they can come forward with their ideas.”
To illustrate her point, Psaki displayed a