Prof. Jon Choi Quoted By Star Tribune on Biden Plan to Raise Corporate Tax Rate

In an article in the Star Tribune on corporate pushback against President Biden’s proposal to raise the corporate tax rate, Professor Jon Choi said that new economic activity could overcome any resulting loss of corporate investment. "Because the Biden administration's plan is to use increased corporate taxes to fund infrastructure investments," Choi said, "the economy's overall level of investment might rise, even if corporate investment falls as a result of the tax rate."