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President Biden’s $ 2.25 trillion infrastructure plan to be funded by tax increases

Tax increases will likely pay for the $ 2.25 trillion infrastructure plan US President Joe Biden, the White House said in a statement released ahead of Biden’s speech at 8:20 GMT on Wednesday.

Additional comments:

“620 billion dollars dedicated to transport“.

“650 billion dollars to be used in initiatives to improve the quality of life at home“.

“580 billion dollars to strengthen the manufacturing, research and development de EE.UU. “

“$ 400 billion to address improving the care for the elderly and people with disabilities“.

“There will be tax increases to ‘pay off’ investments on this plan for the next 15 years. “

“He proposes that the US corporate tax rate increase from 21% to 28%.”

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