United States | Taxing corporate America

America Inc is on the hook for Joe Biden’s splurge on infrastructure

Where the trillions could come from

|WASHINGTON, DC

UNLIKE HIS $1.9trn covid-19 relief bill, which was almost entirely deficit-financed, President Joe Biden would like his recently unveiled $2trn infrastructure plan to be paid for with taxes. Individual taxes have been left for later. Unluckily for American companies, the White House has set its sights on them to pony up.

This article appeared in the United States section of the print edition under the headline “Counting trillions”

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