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Illustration: Eniola Odetunde/Axios

The Business Roundtable today will release a survey in which 98% of 178 CEOs polled said that increasing the corporate tax rate from 21% to 28%, as President Biden proposed, would have a "moderately" to "very" significant adverse effect on their company’s competitiveness.

By the numbers: 75% of CEOs said an increased tax burden on U.S. companies would negatively affect investments in R&D and innovation.

  • 71% of CEOs said it would negatively affect their ability to hire.
  • Nearly two-thirds said it would result in slower wage growth for U.S. workers.

BRT President & CEO Joshua Bolten said: "This survey tells us that increasing taxes on America’s largest job creators would lead to a reduced ability to hire Americans, slower wage growth for workers, and reduced investments in research and development — all key components needed for a robust economic recovery."

  • Raytheon Technologies CEO Gregory Hayes, chair of BRT's Tax and Fiscal Policy Committee: "As we look toward recovering from the COVID-19 pandemic, keeping competitive tax policies in place is needed to help reinvigorate the U.S. economy."
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Go deeper

Biden pollster urges blunt tax talk

Illustration: Aïda Amer/Axios

The top pollster for Joe Biden's presidential campaign is advising the White House to do something that often makes Democrats nervous: Talk loudly and proudly about raising taxes on the rich.

Why it matters: John Anzalone tells Axios his extensive polling and research has found that few issues receive broader support than raising taxes on corporations and people earning more than $400,000 a year.

Updated 16 mins ago - Politics & Policy

51 people unaccounted for after Miami-area condo collapse

A view of the crumpled portion of the 12-story condo tower on June 24 in Surfside, Florida. Photo: Joe Raedle/Getty Images

A massive search and rescue operation is underway after a portion of a 12-story condo building in Surfside, Florida, collapsed early Thursday morning, according to AP.

The latest: 51 people who were "supposedly residing" in the building at the time of the collapse have not yet been accounted for, Miami-Dade County Commissioner Sally Heyman said on CNN Thursday morning.

CDC extends final eviction moratorium for 30 days

People and students from Worker's Circle of Boston and members of City Life Vida Urbana protest to stop evictions during the coronavirus pandemic. Photo: Jim Davis/The Boston Globe via Getty Images

The Biden administration has issued a 30-day extension to the temporary halt in residential evictions, the CDC announced on Thursday.

Why it matters: The eviction moratorium, implemented to prevent a wave of evictions caused by pandemic-related economic decline, was scheduled to expire on June 30.