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5 Min Read (Reuters) - The Biden administration is seeking to leverage a secret weapon in its bid to get corporate America to pay for a sweeping jobs and infrastructure package: the nation’s some 30 million small businesses. FILE PHOTO: U.S. President Joe Biden holds first Cabinet meeting at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom Brenner/File Photo/File Photo The White House’s effort, previously unreported, seeks to harness the political popularity of small businesses and the current agitation among them over a tax structure many view as generous to larger, billion-dollar corporations like Walmart Inc and Amazon.com Inc over Main Street establishments. ....
By Jarrett Renshaw (Reuters) - The Biden administration is seeking to leverage a secret weapon in its bid to get corporate America to pay for a sweepi. ....
Biden White House's secret weapon on infrastructure: small businesses | WSAU News/Talk 550 AM · 99.9 FM wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.
By Jarrett Renshaw (Reuters) - The Biden administration is seeking to leverage a secret weapon in its bid to get corporate America to pay for a sweepi. ....
The Biden administration is seeking to leverage a secret weapon in its bid to get corporate America to pay for a sweeping jobs and infrastructure package: the nation s some 30 million small businesses. The White House s effort, previously unreported, seeks to harness the political popularity of small businesses and the current agitation among them over a tax structure many view as generous to larger, billion-dollar corporations like Walmart and Amazon.com over Main Street establishments. In doing so, the White House believes it has allies that will serve as an antidote to the large national trade groups – like the US Chamber of Commerce and The Business Roundtable – who have come out in favour of infrastructure investment but strongly against President Joe Biden’s plan to raise the corporate tax rate from 21 per cent to 28 per cent. Biden is also seeking to limit the ability of American firms to avoid taxes by shifting profits overseas. Biden s plan faces stiff oppos ....