January 7, 2021

The Wall Street Journal: Biden Tax-Increase Agenda Revived as Democrats Win Senate

media mention

Now, some of Mr. Biden’s ideas are much more likely to become law, said Steve Wamhoff of the progressive Institute on Taxation and Economic Policy, who said that the president-elect’s plans are less far-reaching than some Democratic alternatives and are broadly popular with the public.

“The issue was always, could Democrats get something on the floor? And the answer to that is now clearly ‘yes,’” Mr. Wamhoff said. “Biden did win after campaigning on raising taxes on corporations and raising taxes on the rich.” Read more