Buttigieg on Paying for Infrastructure: ‘There Are a Lot of Things We Can Do on Corporate Taxes’

‘We think 28% is a good rate’

EXCERPT:

BUTTIGIEG: "First of all, there are a lot of things we can do on corporate taxes. The part that's getting the most attention in the President’s proposal is the rate. We think 28% is a good rate, it's lower than it's been most of my lifetime but enough to actually get the job done. But you also look at the loopholes and the incentives that basically motivate corporations to park jobs as well as profits overseas, and those can do a lot of work too. So, part of what we’re trying to get from Republicans right now is a clearer picture of where their red lines are. I recognize that a lot of them sincerely view the tax cuts of the last administration as an important achievement. Obviously, we have a different view. We believe that corporations need to be doing more to pay their fair share. But that’s exactly the kind of back-and-forth we are having right now and we'll see how far we can get."

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