US Transportation Sec Buttigieg says no gas tax hike in infrastructure discussions

US President Biden is giving a much-awaited speech on Wednesday (March 31) in which he is expected to outline his transportation infrastructure plan. 

US Transportation Sec Buttigieg is speaking in an interview on CNN saying:

  • will be no mileage-related fees to pay for the infrastructure law
  • gas tax hike not included in discussions

Which makes it sound like a hike to the corp tax rate and/or personal rate is more likely?  Equity traders are eyeing tax announcements for (negative) impact on stocks. Stocks do seem intent on shrugging off any negatives though? 

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