Biden would also raise taxes on corporations by raising the corporate income tax rate and imposing a corporate minimum book tax. Biden’s plan would raise tax revenue by $3.3 trillion over the next decade on a conventional basis. When accounting for macroeconomic feedback effects, the plan would collect about $2.8 trillion the next decade.How will Biden’s tax reform plan reduce offshoring?
In addition to proposed changes to the CTC and CDCTC, Biden has released a proposed plan to reduce offshoring of production and jobs from the United States by modifying the way GILTI is taxed and through other tax incentives.What would Biden’s first-time homebuyers’ tax credit do?
 Reestablishes the First-Time Homebuyers’ Tax Credit, which was originally created during the Great Recession to help the housing market. Biden’s homebuyers’ credit would provide up to $15,000 for first-time homebuyers.  Expands the estate and gift tax by restoring the rate and exemption to 2009 levels.What's in Biden's infrastructure bill?
Biden signed the legislation into law in November, which infuses $1.2 trillion dollars into Americans' traditional "hard" infrastructure, such as roads and bridges. The bill's passage was marked at a White House event with lawmakers from both parties.