Sen. Elizabeth Warren (D-Mass.) has a message for other Democrats ahead of 2025 tax negotiations: Stand strong on seeking to raise taxes on the wealthy and don’t rush to compromise with Republicans.
Warren said during an event hosted by The Washington Center for Equitable Growth that it would be better to let all of the 2017 tax cuts expire than be a part of “another slash-and-burn tax bonanza” for the wealthiest. Many of the tax cuts, particularly those for individuals, are set to sunset after 2025.
“Our tax code is now caught in a doom loop,” Warren said. “Tax loopholes ...
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