Biden offered to drop plans to raise corporate tax rates as high as 28% and instead set a minimum 15% tax rate aimed at ensuring all companies pay taxes, sources said.
White House spokeswoman Jen Psaki said Biden's proposal "should be completely acceptable" to Republicans that want to leave 2017 corporate tax cuts in place, she said. "We're open to other options," Psaki said, as long as they do not hike taxes on people making less than $400,000. "He is personally leaning in, willing to compromise, spending time with senators - Democrat and Republican - to find out what is the art of the possible," Commerce Secretary Gina Raimondo told CNN in an interview on Thursday.
Don’t negotiate with terrorists.
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