Corporate America tears down Biden’s infrastructure plan

April 6, 2021 ☼ infrastructurebiden

Source: POLITICO - Link

Bezos, like other CEOs, nodded toward acceptance of a higher top corporate tax rate — though he actually put his name behind it. But he stopped well short of explicitly backing Biden’s infrastructure proposal and instead called for a “balanced solution” to boost U.S. competitiveness. Underneath the surface, the corporate world generally despises Biden’s plan in its current form and is fixated on its defeat.

The Chamber doesn’t want higher taxes, but lusts after the improvements that would be made. You’d think a group focused on economic policy would understand TANSTAAFL.