Democrats’ social spending bill, the Build Back Better proposal, currently comes with a price tag of $1.8 trillion, but a nonpartisan report Thursday said the package will also raise about $1.5 trillion in revenue through a slew of new taxes targeting corporations and ultra-wealthy Americans—findings that could help the package find the support it needs among spending-hesitant moderates.
READ MORE: https://www.forbes.com/sites/jonathanponciano/2021/11/04/democrats-bill-comes-with-15-trillion-in-new-taxes-heres-how-it-breaks-down-and-who-would-be-most-affected/?sh=60d389225f55
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Democrats’ Bill Comes With $1.5 Trillion In New Taxes—Here’s Who Would Be Most Affected