Moderate Republican senator Susan CollinsSusan Margaret Collins Sunday shows visualization: Biden embarks on a journey to promote infrastructure proposals; US begins to withdraw from Afghanistan Trump’s drama splits GOP, confusing message Here are the three Republicans who voted to repeal Trump’s methane rule MORE (Maine) said on Sunday that it would not support the proposed 28 percent corporate tax rate in President Bidenis a $ 2.25 trillion infrastructure plan that says jobs will be lost.
Host of The State of the Union on CNN Jake TapperJacob Paul Japper. Susan Collins rejects 28% corporate tax rate, saying jobs will be lost Sanjay Gupta of CNN says uncle died amid COVID-19 peak in India Biden meets with TV presenters before joint address MORE he asked Collins how much she would be willing to compromise on Biden’s plan.
“Well, at this point, I think now that the Republicans have made a reasonable offer, it’s up to the president to make us a counterprofessional,” Collins said, noting that Biden’s latest proposals cost more than $ 4 trillion.
“That’s the amount we spent to win World War II,” Collins said. “So it’s a huge package when you take both the traditional parts of the basic infrastructure and the huge expansion of the social programs that the president stands for.”
Tapper noted that Collins has expressed some support for raising the corporate tax to help pay for Biden’s infrastructure plan, asking how much an increase she would consider.
“Let me tell you what I will not support. I will not support American business, which once again pays the highest corporate tax rate among developed countries in the world, and, unfortunately, that would be 28 percent,” Collins said. “And that means jobs will go abroad again. So I think we need to look at a wide variety of payouts, but first we need to determine the scope of the bill and determine what the top line will be.”
Collins said it would be “premature” to discuss how to pay for the infrastructure plan, indicating the exact amount needed, which has not yet been determined.
– Updated at 1:14 p.m.