Senator Joe Manchin (D., W.Va.) said he would oppose raising the corporate tax rate to 28 percent, a key component of the Biden administration’s infrastructure bill, in a radio interview with West Virginia’s Metro News.
“As the bill exists today, it needs to be changed,” Manchin told host Hoppy Kercheval. The senator added that he could support raising the corporate tax rate to 25 percent, but not to 28 percent as envisioned in the bill, because it would hurt the country’s market competitiveness.-- More...