The U.S. business community is trying to figure out how to address President Joe Biden’s infrastructure plan, which calls for higher corporate taxes to help pay for at least $2 trillion in government spending.
Several prominent business groups, such as the U.S. Chamber of Commerce, oppose the proposed tax hikes. Behind the scenes, though, some companies are considering whether to put up much of a fight because of corporate America’s demand for an infrastructure overhaul, according to people familiar with the matter. Continue reading.