WH concedes tax hikes may be struck from ‘human infrastructure’ package amid Sinema opposition

Posted on AllSides October 21st, 2021
From The Right
picture alliance / Consolidated

The White House conceded Wednesday that raising taxes on corporations, the wealthy and capital gains may be off the table for the massive social spending bill, as Sen. Kyrsten Sinema (D-Ariz.) came out against raising rates — sending Democrats scrambling to find new ways to pay for their massive social spending plan.

“There is an expansive menu of options for how to finance the president’s plan to ensure our economy delivers for hardworking families, and none of them are off the table,” White House spokesperson Andrew Bates said.

Sinema and Sen. Joe...

Read full story

AllSides Picks

https://nypost.com/2021/10/21/kyrsten-sinema-pans-tax-hikes-throws-new-wrench-in-dem-spending-plan/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right