President Biden's #AmericanJobsPlan would increase the federal corporate tax rate to 28%, which would raise the U.S. federal-state combined tax rate to 32.34%

President Biden's #AmericanJobsPlan would increase the federal corporate tax rate to 28%, which would raise the U.S. federal-state combined tax rate to 32.34%, higher than every country in the OECD, the G7, and all our major trade partners and competitors including China. pic.twitter.com/od5jz1OXjU

— Tax Foundation (@TaxFoundation) April 12, 2021