Biden’s New 2021 Corporate Tax Reforms; Closing the Loopholes, Explained

#taxhavens #taxloophole #taxrevolt


In order to pay for his two trillion dollar infrastructure plan, Biden is reexamining loopholes in the corporate tax code. This includes creating a new corporate income tax, cracking down on tax havens, and raising the corporate tax rate from 21% to 28%. Here’s exactly what’s happening!