Democrats Want to Raise Taxes. Here’s Your To-Do List.

1 month ago 19
PR Distribution

This week Democrats on the House Ways and Means Committee voted to advance dozens of proposed tax changes. Some are tax increases that would raise more than $2 trillion of revenue to help fund the party’s priorities.

The final shape of the bill and the fate of specific provisions are far from clear. Democrats have a slim majority in the House and a slimmer one in the Senate, while Republicans are almost uniformly opposed to the changes. Further wrangling could come on the House floor, and then the Senate gets its shot.

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