Wednesday, March 31, 2021

"The plan, set to be introduced by Biden in Pittsburgh on Wednesday, says it will enable drivers across the country to find electric charging stations for their vehicles on the road."

"Every lead pipe in the country would be replaced. All Americans would have access to high-speed Internet broadband by the end of the decade. As many as 2 million homes and housing units would be built, retrofitted or renovated. Biden released the spending plan with a slew of tax hikes on businesses that is likely to be the most contentious part of his proposal. The White House says the proposal would pay for itself over 15 years because many of the tax increases would remain even as the spending proposals only last for eight years.... On the tax side, Biden’s plan includes raising the corporate tax rate from 21 percent to 28 percent; increasing the global minimum tax paid from about 13 percent to 21 percent; ending federal tax breaks for fossil fuel companies; and ramping up tax enforcement against corporations, among other measures."

WaPo reports.