Sen. Bernie Sanders, the Vermont independent who sought the Democratic nomination for president, told NPR he’ll introduce a bill that would raise the corporate tax rate to 35% from 21%. A separate bill would set new estate taxes as high as 65% on those valued over $1 billion. The closely divided U.S. Senate is unlikely to support a 35% corporate tax rate, but could agree to increase the current rate to help pay for a new infrastructure package.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.