Source: Laura Weiss and Paul M. Krawzak, ROLL CALL, 9/3/21


Senate Finance Committee Democrats are considering new taxes on executive pay, stock buybacks, billionaires’ unrealized stock gains and plastic packaging materials among other options as the panel looks to cover costs of their planned $3.5 trillion budget reconciliation package. The latest list of possible offsets from the panel led by Sen. Ron Wyden of Oregon includes several policies pushed by progressives for taxing corporations and bigger carve-outs from higher taxes on assets that gain value.

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