Chapter
A 15% Corporate Tax Is Part of the "Second Pillar" of Biden's Infrastructure Plan
19:39 - 26:08 (06:29)
The Biden administration's infrastructure plan contains a new 15% corporate minimum tax imposed on companies who have reported profits of over one billion dollars to their shareholders, making these companies pay for their actions and contributing to the payment of the infrastructure plan.
Clips
Joe Manchin proposed a 15% minimum tax for companies who report more than one billion dollars in profits to their shareholders to pay for the infrastructure bill.
19:39 - 22:37 (02:58)
Summary
Joe Manchin proposed a 15% minimum tax for companies who report more than one billion dollars in profits to their shareholders to pay for the infrastructure bill.
ChapterA 15% Corporate Tax Is Part of the "Second Pillar" of Biden's Infrastructure Plan
EpisodeHow Democrats Salvaged a History-Making Bill
PodcastThe Daily
The Democratic Party’s achievements in the present federal administration signal the successful execution of their vision for the federal government, but whether they are enough is yet to be seen.
22:37 - 26:08 (03:30)
Summary
The Democratic Party’s achievements in the present federal administration signal the successful execution of their vision for the federal government, but whether they are enough is yet to be seen. The centrist wing of the party and their negotiations with Joe Manchin and Kyrsten Sinema emphasize the political reality of the party's position.