Category: Sen. Shelley Capito

Biden Considers 15 Percent Minimum Corporate Tax Rate to Pay for Infrastructure Bill

President Joe Biden has proposed a minimum corporate tax rate of 15 percent, and increased Internal Revenue Service (IRS) funding, as a way to pay for an infrastructure package that he is negotiating with Republicans, according to the White House. “The book minimum (15 percent) was in the president’s American Jobs plan proposal as a…


Republican Senators Make New Counteroffer to Biden’s $1.7 Trillion Infrastructure Plan

Republican senators outlined a $928 billion infrastructure proposal on Thursday, in their ongoing effort to negotiate with President Joe Biden’s initial $1.7 trillion package. Senator Shelley Capito (R-W.Va.) told reporters at a press briefing that she has been involved in several months of negotiations with the White House and thinks this bill is a good…