President Joe Biden had offered a proposal to Republicans in his upcoming infrastructure bill.

He wanted to negotiate a 15% minimum corporate tax rate instead of his initial proposal where it had started from 21% and would increase to a whopping 28%.

Biden undid former president Donald Trump’s tax cuts, lowering the corporate tax rates from 35% down to 21%. The current president has revealed in a meeting with GOP Senator Shelley Moore Capito that he would be willing to trade for a 15% minimum rate raise.

By proposing a 15% minimum tax rate, it would help target corporations that are paying little to nothing and making profit off of their federal taxes. By increasing the taxes, it would contribute to the $1.7 trillion that is going towards construction of the nation’s infrastructure.

This plan also enforces a legislative that would affect those who have been relying on the loopholes to avoid their tax burdens.

Biden shows that the White House is trying to avoid a standstill in negotiations. The president has been asked what would happen if Republicans were to reject the proposal, and Jen Psaki chimes in, saying that “it would mean having the view that these 50 corporations who don’t pay taxes shouldn’t pay any taxes at all.”

Biden is set on raising tax rates on corporations and wealthy Americans so that they can pay their share towards the government. The meeting concluded that the parties are not ready to sign off the bill, they are nearly $900 billion apart on the ideal price.

Republicans have been fuming against the corporate tax hike and if they were to actually pay it, it would hurt America’s competition on a global scale. Despite these claims, people who are familiar with the meeting had told sources that Biden has placed his foot down on trying to increase corporate tax rates to 28%.

The White House’s official page tweets that “President Biden hosted Senator Capito for a constructive and frank conversation about working together to grow the economy and benefit America’s middle class workers and families by investing in our infrastructure.”

Still, Republicans are not for the proposed plan since it doubles down on spending. They have no interest in revisiting the tax cuts that former president Donald Trump has indicted, and that this federal package would have been the biggest one yet ever since World War II happened.

The GOP is currently trying to create another counteroffer, they are still not pleased with the negotiation the president has presented among them.