Global Tax to Pay for Infrastructure?; Biden Wants Nationwide Red Flag Laws in Push for Gun Control

President Biden is taking executive action on gun control. He unveiled steps the administration will take immediately. But Biden says he wishes he could do even more. The justice department will also publish a model for red flag laws to encourage states to pass these laws. Red flag laws allow family members or police to petition for a court order that would temporarily take firearms away from people who may present a danger to themselves or others.

Biden says he and Vice President Harris will meet with both Republicans and Democrats to negotiate on the infrastructure package. But at the same time, he criticized republicans for only wanting to stick to traditional infrastructure projects. He said "to automatically say that the only thing is infrastructure is a highway, a bridge or whatever that's just not rational." According to him, infrastructure also includes everything from sewer facilities to water pipes.

And Biden is pushing for the adoption of a global minimum corporate tax rate. Biden said at a White House press briefing on Wednesday, “I’ve also proposed a global minimum tax, which is being proposed around the world for U.S. corporations, of 21 percent." He added: “It means that companies aren’t going to be able to hide their income in places like the Cayman Islands and Bermuda, in tax havens.” While some countries welcome the proposal, some are voicing concerns.

Tune into Deep Dive as we explore these topics and more.