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Democrats are unifying behind a push to raise taxes on upper earners, while Republicans want to keep the tax breaks. The outcome will be decided by the winners of the White House and Congress ...
Congress’s Joint Committee on Taxation says full repeal would cost the Treasury $89 billion in foregone revenue per year. That’s a lot. Biden’s plan to raise the corporate tax rate from 21% ...
Democrats are opening the door to collaborating with Republicans on a tax bill as the GOP faces several obstacles on the road to extending President-elect Trump’s tax-cut law. While it will be ...
Revamp the tax code and important federal health care and environment programs. Biden, House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Chuck Schumer, D-N.Y., have recently ...
On Wednesday night, Sens. Chuck Schumer (D-NY) and Joe Manchin (D-WV) surprised Washington with a deal that includes a series of changes to the tax code.
Democrats want to raise taxes (but not on 90% of us) to put more money in some pockets. Republicans would cut taxes (again) to leave more money in some pockets, and cut spending (but where?).
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