14 September 2021 FIRST IMPRESSIONS | Ways and Means unveils Build Back Better Act tax increase proposals House Ways and Means Committee Chairman Richard Neal (D-MA) September 13 released over $2 trillion in net tax increase proposals to partially fund the Build Back Better Act reconciliation bill. The reconciliation bill is expected to evolve during the September 14-15 markup and prior to floor consideration, then must be reconciled with a tax package expected to emerge from the Senate. Thus, these proposals should be considered as a key part of a process but not necessarily a final product that will be enacted into law. Document ID: 2021-9021 |
