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Joe Biden said he is open to compromise on his $2tn infrastructure plan amid a backlash from businesses over a proposed $2.5tn increase in corporate taxes to fund it. Biden’s latest economic package seeks to plough huge sums of government investment into the US economy, paid for largely by the tax rises on America’s biggest businesses. “It is the single largest investment in American jobs since World War II, and it is a plan to put millions of Americans to work to fix what is broken in our country,” Biden said in a speech in Washington on Wednesday. “Debate is welcome. Compromise is inevitable. Changes are certain,” he added. Comments are closed.
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March 2021
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