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Biden says he's open to compromise on corporate tax rate


Biden was asked following remarks at the White House on Wednesday if he was open to an increase of the corporate tax rate to 25 percent instead of his proposed 28 percent. 
“I’m willing to compromise but I’m not willing to not pay for what we’re talking about,” Biden told reporters. “I’m not willing to deficit spend. They already have us $2 trillion in the whole.”
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Biden’s proposal has been criticized by Republicans and at least one Democrat, Sen. Joe Manchin
Biden proposed the tax increase in order to pay for his $2.3 trillion infrastructure and climate plan. He said he is planning to meet with Republican lawmakers next week on infrastructure, describing himself as serious about negotiations with lawmakers from the opposing party. ....

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