The Biden tax plan would increase the corporate rate from 21 percent to 28 percent. But history suggests there’s more to consider in that proposal than just changing a rate in the tax code. In this episode of Catching Up on Capitol Hill, John Gimigliano, Jen Acuna, and Tom Stout discuss the collateral effects, the potential timing, and possible effective dates of a rate change.
Joe Biden's Tax Policy Proposals: Frequently Asked Questions
August 4, 2020 | KPMG Report (updated September 14)