Expert: Tax Increase in Infrastructure Plan Will Cost US Thousands of Jobs

Vance Ginn at the Texas Public Policy Foundation says the infrastructure plan will actually cost the American taxpayer $3 trillion to $4 trillion, not the estimated $2 trillion. Ginn spent some time in the White House as an associate director at the Office of Management and Budget, so naturally, he’s a little concerned about the cost of the package and how to pay for it. President Joe Biden plans to raise the corporate tax rate from 21 percent to 28 percent. But Ginn says that will cost the country thousands of jobs. NTD asked Ginn how he knows that.