Raising Taxes

Democrats see $3.5T spending goal is slipping away

There’s a growing realization among Democrats that their plans for a $3.5 trillion spending package to reshape the nation’s social safety net and to tackle climate change will have to be slimmed down because of anxious centrists worried about the 2022 midterms.

Bipartisan lawmakers reach ‘final agreement’ on $1.2 trillion infrastructure deal

A bipartisan group of senators reached a final agreement on a roughly $1 trillion infrastructure package Wednesday, although it remains to be seen if there are enough votes to overcome a Republican filibuster.

New York Times exposes Biden’s plan to raise taxes on low- and middle-income Americans to pay for massive $6 trillion budget, breaking his repeated...

President Joe Biden has repeatedly promised not to raise taxes on people making less than $400,000. It was a staple of his presidential campaign, and he continued to say it after being sworn in.

Biden To Propose Raising Taxes On Wealthy And On Capital Gains To Fund Childcare

President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans and their investments to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.

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