No surprise for this dog who predicted this……
Middle Class taxpayers will continue to pay the freight ……
“Senior Biden officials briefed top Democratic lawmakers on a potential shift in the party’s tax plans on a private call on Wednesday, as the White House searches for unity on how to pay for its multi-trillion-dollar economic package,” the Washington Postreports.
“While the Biden administration initially proposed increasing the corporate tax rate to 28 percent, a move that would unwind the tax cuts under former president Donald Trump,..
“Sen. Kyrsten Sinema’s opposition to tax increases is causing Senate Democrats to look at financing their sprawling social policy and climate package without raising tax rates on businesses, high-income individuals or capital gains,” the Wall Street Journalreports.
“The Arizona Democrat has told lobbyists that she is opposed to any increase in those rates, but her stance is now pushing Democrats to more seriously plan for a bill that doesn’t include those major revenue increases.”….