People want good infrastructure, but not the taxes to pay for it.
Senator Manchin has a concern that our corporate tax rate needs to remain competitive with other industrialized countries, such as Canada and European nations, so our products remain competitive on world markets.
I'd add that most of those countries have low corporate tax rates, but higher individual tax rates. We can't have it all. If corporate tax rates stay low, I think individual tax rates will need to go up.
Corporations usually pass the cost of their taxes along to consumers so high corporate tax rates could make our products more expensive on world markets. At the same time, we do need good infrastructure so someone does need to pay.
Couldn't we do as I think other countries do and raise the taxes on wealthy individuals? In the end, it's people who get the money. A corporation is mostly just a vehicle that passes money to individuals eventually.
It's like we are a bunch of spoiled kids who want to always pass the taxes on to someone else. A corporation is a target as it's not a person (in spite of laws making it an artificial person). In the end, the corporation just passes everything along and it's people anyway. Why not just tax the people; especially the rich and probably also upper middle class?
It's kind of like we are trying to hide from this reality all the time. If we want good infrastructure, it does need to be paid for. We can print the money, of course. That might actually work; for a while at least.
People seem to always want to "have their cakes and eat them to;" as the old phrase goes.