Democrats Preview Tax Priorities if They Win the House: BGOV Tax

Democrats Preview Post-Midterm Priorities

As lawmakers leave Washington for a holiday break, House Democrats are laying out what their priorities will be if they win control of the chamber in next year’s midterm elections.

House Democratic tax writers Thursday unveiled their answer to inflationary pressures in a preview of what the powerful Ways and Means Committee would focus on if Republicans lose their narrow majority next fall.

The bill offered by Ways and Means Tax Subcommittee ranking member Mike Thompson (D-Calif.) has slim chances of ever becoming law as written while Republicans control Washington, though some of the discrete proposals ...