Biden Tax Plan Gets Tossed Into Shredder in Hunt for New Revenue

President Joe Biden’s tax agenda, crafted by experts who worked on the proposals for years and wrote books about their ideas, is getting a wholesale revamp as Democrats battle to find a program their caucus can unite behind.

Amid diplomatic -- at least in public -- bickering among the chairs of the House and Senate’s top tax-writing committees and other stakeholders, the main takeaways as of Thursday morning are: the bulk of former President Donald Trump’s 2017 tax cuts will be left in place, while corporations will face a new minimum levy and multi-millionaires get a new income ...