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Keyword: corptaxhikes

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  • Senate Democrats assembling wish list of tax hikes to fund $3.5T spending bonanza

    09/04/2021 4:19:22 AM PDT · by blueplum · 19 replies
    NY Post ^ | 03 September 2021 | Lydia Moynihan
    Senate Democrats have assembled a laundry list of possible tax hikes to help finance their $3.5 trillion spending bonanza, according to an internal committee document obtained by The Post. Many Democrats are eager to implement the host of corporate and individual tax hikes to fund the $3.5 trillion plan, but Beltway insiders are dubious the more controversial plans — like taxing share buybacks and hefty executive payouts — will make the final bill.... ...Sen. Mike Crapo, a Republican of Idaho, said in a statement to The Post that he had “serious concerns” about the Democratic “tax-and-spending spree.” He said the...