Kevin Brady, Texas Republican, slams Biden's push for corporate tax hike: 'Major mistake'

www.washingtontimes.com
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The ranking member of the powerful House Ways and Means Committee said Tuesday President Biden's push to raise the corporate tax rate is going to make the nation less competitive on the global stage and have a negative impact on American workers.
Rep. Kevin Brady of Texas said Mr. Biden's push to raise the corporate tax rate from 21% to 28% is going to slow hiring, lead to less investment in the United States and trigger a "second wave of U.S. companies inverting or moving headquarters overseas in the long run."

"That's why I think this is such a major mistake," Mr. Brady said on CNBC.

Mr.…
Seth McLaughlin
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