Democrats Release Details of Proposed Tax Increase - WSJ

The changes, when combined with the expanded child tax credit available to households with no income, make the income-tax system much more of a tool for redistribution, said Lawrence Zelenak, a law professor at Duke University. “It’s using the income tax to take money from only half the population and using it to distribute money to half the population,” he said.

That’s weird. I thought taxes were for funding collective expenses.

“We are committed to enacting a law that will include meaningful SALT relief that is so essential to our middle-class communities, and we are working daily toward that goal,” they said.

Kind of seems like a state issue, not a federal one.

The Internal Revenue Service would get nearly $80 billion over a decade to beef up enforcement. That matches the administration plan, which would roughly double the size of the tax agency.

Good thing Senate Republicans negotiated this out of that Infrastructure Bill! Looks like everyone was wrong when they said it would just get stuffed in the other… oh, wait.

Local newspapers would get a new payroll tax credit for employing journalists. Labor-union members would get a new deduction for up to $250 in dues, even if they don’t itemize their deductions.

Looks like the lobbyists have been busy!