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Capitol Report: Key Republican raises alarm about hiking corporate taxes to pay for infrastructure overhaul

As talks continue on Capitol Hill about a possible infrastructure overhaul, a top Republican lawmaker is warning against potentially raising the corporate tax rate to pay for any major improvements to the country’s roads and bridges.

Texas GOP Rep. Kevin Brady, the ranking member of the Democratic-controlled House Ways and Means Committee, gave his warning as he asked a question at a hearing Wednesday.

“One of the ideas floating around here is increasing the corporate tax rate to 24% and using those dollars for infrastructure. So can you tell us why that is such a bad idea — and if the chamber would oppose that approach?” Brady asked of the U.S.

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