Democrats Bet on Raising Taxes on High-Income People, Big Businesses

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Democrats Bet on Raising Taxes on High-Income People, Big Businesses
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Many Democrats are willing—even eager—to enact tax increases on high-income households and big businesses and campaign on them in next year’s midterm elections, embracing a stance that the party has struggled with in the past

WASHINGTON—.

, President Biden and congressional Democrats are still seeking to raise about $2 trillion over a decade from businesses and high-income households.

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