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6/3, 5:03 PM (Source: TeleTrader)
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Biden offers 15% minimum corporate tax deal to GOP - report

United States President Joe Biden has reportedly offered a new deal to Republicans on introducing a 15% minimum corporate tax rate instead of raising the corporate tax rate from 21% to 28%.

According to The Washington Post, Biden yesterday commented on the proposal in an effort to ensure Republican support for his $1 trillion infrastructure package.

However, the Democrats and the GOP are expected to meet on June 4 and further discuss the tax rates to eventually reach a bipartisan deal.

Breaking the News / ND