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The White House is pitching its $2 trillion infrastructure plan, Republicans are opposed and Corporate America is caught between wanting robust infrastructure and not wanting higher taxes.

Axios Re:Cap goes deeper with Barbara Humpton, president and CEO of Siemens USA, to get her thoughts on Biden’s proposal.

Go deeper

Apr 5, 2021 - Politics & Policy

Exclusive: Janet Yellen to call for global minimum tax rate

Janet Yellen in Washington, D.C., U.S., on Friday, March 26, 2021. Photographer: Erin Scott/Bloomberg via Getty Images

Janet Yellen will use her first major address as Treasury secretary to argue for a global minimum corporate tax rate, Axios has learned, as she makes the case for President Biden’s plan to raise U.S. corporate taxes to fund his $2 trillion+ infrastructure plan.

Why it matters: Convincing other countries to impose a global minimum tax would reduce the likelihood of companies relocating offshore, as Biden seeks to increase the corporate rate from 21% to 28%.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

The mental health deal boom

Illustration: Sarah Grillo/Axios

The positive social media response to Simone Biles withdrawing from Olympic competition highlights how the artificial line between health care and mental health care is finally beginning to dissolve. And startup investors have taken notice.

By the numbers: Venture capital investments in mental health startups rose 72.6% between Q1 2020 and Q1 2021, per CB Insights.

2 hours ago - Health

Israel to offer third COVID vaccine dose to people over 60

A woman receives her third dose of COVID19 vaccine at Sheba Medical Center on July 14, 2021 in Israel. Photo: Amir Levy/Getty Images

Israel will begin offering a third shot of the coronavirus vaccine to people over the age of 60 starting Sunday, Haaretz reports.

Why it matters: Israel will become the first country to begin giving booster shots, per Haaretz. The country will offer doses to those over 60 who received their second dose at least five months ago.

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