Democrats Agonize Over Election Year Tax Increases

Politico: “As Senate Majority Leader Chuck Schumer and Sen. Joe Manchin (D-WV) labor toward a possible summertime agreement on a filibuster-proof tax, energy and prescription drugs bill, the Democratic Party is reckoning with its long-term political position on taxes. For more than a decade, Democrats campaigned on raising rates on high earners and large corporations, arguing the GOP is the party of tax cuts for the top 1 percent.”

“Yet as Democrats near the climax of their monthslong push to unilaterally raise those taxes, there’s real division in the party over both how to talk about tax increases and whether to pursue them at all. Already some House moderates are balking at any tax increases in the bill, and Republicans are revving up a campaign that will hit Democrats for raising any taxes.”