Amazon CEO Jeff Bezos has come out in support of President Joe Biden's $2 trillion infrastructure plan, including the corporate-tax hike.
"We recognize this investment will require concessions from all sides - both on the specifics of what's included as well as how it gets paid for (we're supportive of a rise in the corporate tax rate)," Bezos wrote in a statement shared on Amazon's Twitter account, calling the plan "a bold investment in American infrastructure."
Biden introduced last week the first piece of a massive two-part infrastructure package known as the American Jobs Plan.
The package is expected to have wide-ranging effects on the American economy. It includes federal spending to improve the nation's aging roads, bridges, and ports; clean-energy projects; broadband in rural areas; affordable-housing initiatives; and funding for care workers.