Democrats Refusing to Ban Middle-Class Tax Hikes in New Spending Bill

Democrats Refusing to Ban Middle-Class Tax Hikes in New Spending Bill
U.S. Vice President Kamala Harris speaks on the administration's American Rescue Plan and Bipartisan Infrastructure Law investments from the South Court Auditorium of the Eisenhower Executive Office Building, in Washington, on Mar. 7, 2022. Mandel Ngan/AFP via Getty Images
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Democrats rejected a Republican proposal to ban tax hikes for the middle class while passing its new Inflation Reduction Act spending bill on Aug. 7.

U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) filed an amendment to prevent the Internal Revenue Service (IRS) from using the $80 billion in new funds allocated under the Inflation Reduction Act to collect more taxes from Americans earning below $400,000 per year.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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