‘Many CEOs felt that 21% was too low’

‘Many CEOs felt that 21% was too low’

As the Biden administration pitches its $2 trillion infrastructure proposal and the corporate tax hike that would fund it, Commerce Secretary Gina Raimondo has become the team’s unofficial CEO whisperer.

Raimondo, a former Rhode Island governor who previously worked in venture capital, says she’s talked to “dozens and dozens of CEOs” about the proposal to raise the corporate tax rate from 21% to 28%.

She says when all is said and done, corporate America might not be as universally…


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