White House Sees GOP’s Corporate Tax-Cut Defense as a Big Loser
- Biden team points to polling that never backed Trump’s cuts
- Administration pitching ‘fairness’ argument in tax-hike plan
This article is for subscribers only.
The White House views Republican attacks on President Joe Biden’s proposal to use corporate tax hikes to pay for a vast infrastructure program as a losing argument in the battle for public opinion, aides and allies of the administration say.
The GOP -- which successfully painted the Obama-Biden administration’s initial spending programs as economically ineffective and wasteful in the run-up to the 2010 congressional elections -- has joined with the business lobby in the past week to assail Biden’s proposed tax increases. The plan, its opponents argue, will hobble American corporate competitiveness and hold back the recovery from Covid-19.