On 9 September 2020, the campaign of U.S. presidential candidate Joe Biden has announced the addition of new tax proposals to primarily support domestic manufacturing as part of Biden's tax plan. This includes: the introduction of an additional 10% surtax on profits from goods manufactured overseas and from certain services such as overseas call centers, resulting in an effective 30.8% tax rate if the standard corporate rate is increased to 28% as also proposed; and the introduction of a 10% "Made in America" tax credit for investments made in projects that create manufacturing jobs in the U.S., such as projects...