HomeStrategyPoliticsDemocrats and lobbyists spar over tax increases in $3.5 trillion budget package

Democrats and lobbyists spar over tax increases in $3.5 trillion budget package


Our Theo Meyer obtained the list of potential revenue provisions being chewed over in the Senate last week, which includes a range of corporate, individual, and tax gap proposals. A number of the provisions included on the list mirror what the Biden administration has already called for, like reinstating the 39.6% top ordinary tax rate next year. And Senate Finance Chair Ron Wyden (D-Ore.) has already begun socializing some of the other policies listed: 



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