Thought Leadership

Tax Highlights from Biden's American Jobs Plan

Client Updates

On Wednesday, March 31, 2021, President Biden introduced a $2 trillion “American Jobs Plan.” The American Jobs Plan, as outlined by the Administration in a simultaneously-released fact sheet, would contain a sweeping set of provisions to increase investment in infrastructure while offsetting those provisions with a “Made In America Tax Plan." The Baker Botts tax group is closely following tax proposals of the Biden administration and of Congress from the perspectives of the impact of the proposed changes on various industries and taxpayers.  

For more detail on the Made in America Tax Plan from these various perspectives, please see:

We will be continuously updating our alerts as more developments occur.

 

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