Joe Biden unveiled a $2 trillion infrastructure plan on Wednesday that includes a call for “broadband for all,” comparing the need for affordable, high speed internet service to the New Deal era electrification of much of the country in the 1930s.But it also includes a significant boost in corporate tax rates to 28%, less than four years after the business lobby, including major studios and media companies, fought to lower it, ultimately, to 21%.As he did during the presidential campaign, Biden also signaled that higher income earners also could see higher taxes, as he set the benchmark for those will not see an increase.“No one making under $400,000 will see their taxes go up, period,” Biden said. “This is not about penalizing anyone.
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