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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsProgressives prepare to launch counterattack in tax fight
Progressive groups are gearing up to promote President Biden's proposals on tax hikes for wealthy individuals and corporations as Democrats in Congress move forward with drafting a multitrillion-dollar social spending package.
Biden and congressional Democrats aim to pay for new spending in areas such as education, health care and climate through those tax increases. But business groups are funding a lobbying blitz against the proposals, targeting Democratic lawmakers who have raised concerns about the tax plans.
Progressive advocacy organizations and labor groups hope to counteract K Street's lobbying push and keep Democrats united. They're arguing that proposals to raise taxes on wealthy people and corporations are in line with public sentiment.
"Taxing the rich is incredibly popular, and so I think we need to remind some Democrats about that," said Maura Quint, executive director of the progressive group Tax March. "Ultimately, I do believe that Democrats in general support Biden's plans."
https://www.msn.com/en-us/news/politics/progressives-prepare-to-launch-counter-attack-in-tax-fight/ar-AAO19CJ
lagomorph777
(30,613 posts)Baked Potato
(7,733 posts)Ask them if they bought an extra vacation condo in Cabo.
Ask them if they got their kids in a better private school.
Ask them if they upgraded their car, or bought a yacht.
Ask them if they upgraded their healthcare plans.
T***p remarked how his tax plan would hurt him and the rich and rich people hated him for it.
Ask T***p voters, How did that turn out?
halfulglas
(1,654 posts)When you read people like David K. Johnson and others you find out how bad some of those tax breaks the rich get in that they are so sneaking. There are tax breaks that we wouldn't think of. There are some they don't have to report. Like those endless taxes on our utility and cable, etc. bills. We pay them but the companies don't send it in. Like there is one tax since I think the 90s that's supposed to help encourage the cable companies to extend more and newer cable to disadvantaged communities. They stopped laying the cable because most of them said it was too hard or something, but the cable companies continue to collect and pocket that money. That's bad enough but what is worse is the tax breaks on unearned income. I don't mean lottery winners, I mean inherited wealth and some stock manipulations, etc. Every time I see David K Johnson as a guest on a show I get mad, not what we're paying as much as what they're NOT paying.