Category: Tax Foundation

Tax Increases to Outweigh Benefits of Biden Infrastructure Plan, Warn Experts

WASHINGTON—President Joe Biden unveiled his ambitious infrastructure package, which proposes substantial tax increases on U.S. corporations to pay for the $2 trillion price tag. Experts say, the economic harm from an increase in corporate taxes, however, will offset the benefits created by the infrastructure investment, raising skepticism about the plan. Biden described his proposal as…


Tax Increases to Outweigh Benefits of Biden Infrastructure Plan, Experts Warn

WASHINGTON—President Joe Biden has unveiled his ambitious infrastructure package, which proposes substantial tax increases on U.S. corporations to pay for the $2 trillion price tag. However, experts say the economic harm from an increase in corporate taxes will offset the benefits created by the infrastructure investment, raising skepticism about the plan. Biden described his proposal…


FDA Alert: Johnson & Johnson 1-Dose Shot Prevents CCP Virus

The U.S. Food and Drug Administration (FDA) said that Johnson & Johnson’s single-dose vaccine prevents COVID-19 and will make a final decision soon. The company carried out a study of 44,000 patients in South Africa, the United States, and several other countries, according to the agency, adding that there were seven COVID-19 deaths among patients…