The House Ways and Means Committee on Wednesday approved $2.1 trillion in tax increases on corporations and the wealthy, but left several thorny issues unresolved.
The tax package, intended to help offset the cost of a large expansion in social spending, was approved on a largely party-line vote, with no Republicans supporting the measure. Over the course of the markup Republicans pushed back on provisions related to taxing pass-through entities and Superfund taxes on the oil and gas and chemical industries, but amendments to eliminate or change those measures were defeated.
While the committee agreed to a variety of tax ...
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