Dubbed the American Jobs Plan, the White House said the “once-in-a-century capital investment” in U.S. infrastructure will create “millions” of good-paying jobs and position America to “out-compete” China by spending about 1% of GDP per year over the course of 8 years. [snip] In order to pay for this legislation, Biden also proposed what he has called the Made in America Tax Plan, which would raise the corporate tax rate to 28% from 21%. It would also increase the minimum tax on multinational corporations to 21% and “calculate it on a country-by-country basis so it hits profits in tax havens,”...