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Senator Susan Collins is pushing back the 28 percent corporate tax rate



Moderate Republican late. Susan CollinsSusan Margaret Collins Sunday shows preview: Biden hits the road to promote infrastructure proposals; US begins withdrawal from Afghanistan Trump drama shares GOP, confusing message Here are the three Republicans who voted to undo Trump’s methane rule MORE (Maine) said Sunday she would not support the proposed 28 percent corporate tax rate in President BidenJoe BidenBrander, smoke, floods, droughts, storms, heat: America needs a climate stability strategy Late. Susan Collins pushes 28 percent corporate tax rate back, saying jobs would be lost Biden financial adviser hits infrastructure plan as necessary investment MOREs $ 2.25 trillion infrastructure plan that says jobs will be lost.

On CNN’s “Union of State” host Jake TapperJacob (Jake) Paul TapperSen. Susan Collins pushes 28 percent corporate tax rate back, saying jobs will be lost CNN’s Sanjay Gupta says uncle dies amid COVID-19 rise in India Biden meets with TV anchors in front of joint address MORE asked Collins how much she would be willing to compromise on Biden’s plan.

“Well, at this point, I think now that the Republicans have made a reasonable offer, it’s up to the president to make a counter-sacrifice against us,” Collins said, noting that the cost of Biden’s recent proposal was more than $ 4 trillion. .

“That’s the amount we spent on winning World War II,” Collins said. “So this is a huge package when you take both the traditional key infrastructure components and the huge expansion of social programs that the president is in favor of.”

Tapper noted that Collins has expressed some support for raising the corporate tax rate to help pay for Biden’s infrastructure plan and asks how much of an increase she would consider.

“Let me tell you what I do not want to support. I do not want to support American companies paying the highest corporate tax rate among the developed countries of the world again, and unfortunately that is what 28 percent would be,” Collins said. “And that means jobs would go abroad again. So I think we have to look at a wide range of payment attempts, but first we have to determine the scope of the bill and we have to decide what the top line is will be . “

Collins said it would be “too early” to discuss how to pay for the infrastructure plan, stating the exact need that has not yet been determined.

– Updated at 13:14




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