Wednesday, December 18, 2024

Learn More about WPBS Passport! Click Here

HomeVideoHow Biden's infrastructure plan aims to tax corporations that move profits overseas

How Biden’s infrastructure plan aims to tax corporations that move profits overseas

One major way that President Joe Biden and his team propose paying for his $2 trillion infrastructure plan is by revamping the way U.S. corporations pay taxes. As Amna Nawaz reports, the plan would both raise tax rates, and go after the ways some large companies record profits overseas. Jesse Drucker covers taxes and tax havens for The New York Times and joins us to discuss.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:
Facebook: https://www.pbs.org/newshour
Twitter: https://www.twitter.com/newshour
Instagram: https://www.instagram.com/newshour

Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe