“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 Post reports.
“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, the president’s aides on Wednesday instead discussed an alternative range of tax hikes, likely excluding a corporate tax rate hike as part of a new source of revenue for the package.”
Jonathan Chait: Kyrsten Sinema bent on destroying Biden presidency to keep taxes on the wealthy low.
?Political Trivia
Eight moments in political history. Put them on a timeline.
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Five senators. Three bills. Can you guess how they all voted?
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Nine Justices. One case. How did they rule?
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Do you have your finger on the pulse of America?
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Four questions a day.
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