
US Treasury Secretary Janet Yellen told the House of Representatives Financial Services Commission last night: President Joe Biden's administration is considering a corporate income tax hike. This is one of the tax proposals to
สล็อตออนไลน์ offset the cost of long-term investment projects, which are coming up soon.
“I think that investing in people Together with the investment in infrastructure It will help create jobs in the US economy. And changing the tax structure will help the government spend money on these projects. ”
Mrs. Yellen said.
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The US Treasury Secretary also said that The $ 1.9 trillion stimulus package, dubbed 'American Rescue Plan', did not use increased tax funding. But it is a long-term investment project that will also increase the government's income. "
Mrs. Yellen said: “The current economic crisis is the result of the COVID-19 epidemic. But when the economy is strong again And we can overcome the epidemic now. President Biden may also propose a plan to address the long-term shortage of investment for our economy. Investing in basic projects, investing in people, research and development. Including production Will help the US economy have higher production potential "
Mrs. Yellen said that One of the tax proposals President Biden will consider is: The corporate income tax hike back to 28%, with the US corporate income tax currently the lowest among developed economies.
During this announcement Some Republican MPs, including Missouri lawmaker Anne Wagner, have voiced concerns about the tax hike. By asking that “We all know that corporate income tax hike will cost American small businesses, schools and households. Up with Why did this country have to launch its economy with tax hikes? Which will ultimately affect American households And will make millions of small businesses face a lot of difficulties. "
Mrs. Yellen answered that question. The impact of the corporate income tax change has been studied for a long time and it is found that it is not yet fully clear about the impact it will have on prices and on consumers.