Insight: Even after Biden tax hike, U.S. firms would pay less than foreign rivals | Reuters

U.S. companies pay less income tax than their overseas competitors and would likely continue to do so under a tax hike proposed by President Joe Biden, according to a Reuters analysis of filings ... Read More

Biden willing to negotiate on corporate taxes, but 'sick and tired' of non-payers | Reuters

President Joe Biden on Wednesday made a fiery appeal for U.S companies to foot most of the bill for his $2 trillion-plus infrastructure plan, but signaled an openness to negotiate over exactly how ... Read More

Biden Tax Plan Targets Profitable Companies That Pay Almost Nothing - WSJ - The Wall Street Journal

Profitable companies could no longer use legal breaks to drive their U.S. tax bills almost to zero under Joe Biden’s proposal to increase and overhaul corporate taxes. Read More

Dozens of big U.S. companies paid top executives more than they paid in federal taxes, report says - CBS News

President Biden unveils budget proposal 04:41. Top executives of dozens of major U.S. companies received more in their compensation packages from 2018 to 2022 than the businesses paid in federal ... Read More

President Biden wants companies to pay more in income taxes - The Boston Globe

President Biden’s bid to hike corporate taxes is dead on arrival, just like the rest of the $7.3 trillion budget plan he released on Monday. It’s too bad, because something — not necessarily ... Read More

Payback For OPEC+ Cuts? Biden May Press U.S. Companies To Limit Saudi Business, Report Says

The Biden administration is considering encouraging American companies to limit business with Saudi Arabia as punishment for OPEC+’s cuts in oil production, NBC reports, citing three current and ... Read More

Biden's tax-hike plan would cost the US economy nearly 800K jobs

Findings from the Tax Foundation, a group that advocates for lower taxes, found the higher taxes laid out in Biden's sweeping budget blueprint for federal spending in fiscal 2025 would reduce ... Read More

Biden's 15% corporate tax is stuck in limbo as it faces fierce lobbying - The Washington Post

It was a simple idea: Major U.S. corporations should pay at least a 15 percent tax on their income, ending an era when some of the country’s most profitable firms owed the federal government ... Read More

Hunter Biden 'received compensation' from Romanian businessman aiming to influence U.S. policy, special counsel in tax case says - NBC News

An attorney for Biden did not immediately respond to a request for comment Wednesday night. Prosecutors previously alleged i n their in dictment that from November 2015 to May 2017, Biden received ... Read More

GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts

GOP Wants to Phase Out Biden EV Credits to Pay for Tax Cuts. ... Sunrun Inc., the largest U.S. residential solar company, rose nearly 17% ... Want more news? Listen to today's daily briefing ... Read More

Biden Warns Oil Companies Will Face 'Higher Tax' If They Don't Increase Production - National Review

President Biden on Monday warned that oil companies could be slapped with "higher tax" if they don't help increase production to curb skyrocketing energy costs. Read More