The left is positively drooling at the prospect of soaking $1.7 trillion out of the pockets of the rich. They can feel that money against their soft hands as if it were already there.
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.
White House press secretary Jen Psaki said Monday that President Biden is focused on making wealthy individuals and corporations pay their “fair share” in taxes as talks heat up on Capitol Hill about how to pay for new spending priorities in areas like infrastructure and climate change.