Biden to trigger tax fight Senate Democrats don’t want
Posted on AllSides March 2nd, 2023
From The Center
President Biden will trigger a fight over raising taxes when he introduces his budget plan next week, something that Senate Democrats who face a tough road ahead to protect their majority aren’t clamoring for, especially in West Virginia, Montana and Arizona.
Democrats campaigned on repealing the Trump-era tax cuts ahead of the 2020 election but fell short after Sens. Kyrsten Sinema (I-Ariz.) and Joe Manchin (D-W.Va.) balked at key elements of Biden’s tax plan, such as raising the corporate tax rate to 29 percent and the top marginal income tax rate to 28 percent.
Talk...