The Hill BY JORDAIN CARNEY June 9, 2021 A bipartisan Senate group is taking tax increases off the table as lawmakers try to craft an infrastructure proposal after GOP talks with the White House collapsed Tuesday. Raising taxes on high-income earners and corporations has been a key part of President Biden's infrastructure plan, making it nearly impossible to garner enough GOP support for legislation that can clear the Senate. Sen. Jon Tester (D-Mont.), who is in the bipartisan group, said tax increases are not under consideration as senators attempt to reach consensus on how to pay for their plan. When asked Wednesday if tax hikes were out, Tester responded: "That's my understanding. I think there's ways to do that; hopefully it won't be smoke and mirrors. Bottom line, this is probably the hardest part from my perspective, is how you get it paid for."
View the full article: TheHill.com
Comments