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Economy - Page 31

Study: Biden’s Corporate Tax Hike Will Cost 1 Million Jobs

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President Biden’s $2.25 trillion infrastructure package, which would raise the federal corporate tax rate to 28% from 21%, would hurt the U.S. economy and result in one million jobs lost within two years, according to a new study from the National Association of Manufacturers (NAM) conducted by Rice University economists. The study estimates that Biden’s

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