{"title":"Reconciliation Budget Bill, With Tax Proposals, Advances","authors":"","doi":"10.1002/npc.30916","DOIUrl":null,"url":null,"abstract":"<p>The House Committee on Ways and Means, on September 15, approved a proposed tax law revisions component of the Biden Administration's $3.5 trillion budget reconciliation legislation. The committee's bill includes, as expected, tax increases on for-profit corporations and the wealthy. This aspect of the proposed Build Back Better Act includes $2.1 trillion in tax hikes.</p>","PeriodicalId":100204,"journal":{"name":"Bruce R. Hopkins' Nonprofit Counsel","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2021-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Bruce R. Hopkins' Nonprofit Counsel","FirstCategoryId":"1085","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/npc.30916","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The House Committee on Ways and Means, on September 15, approved a proposed tax law revisions component of the Biden Administration's $3.5 trillion budget reconciliation legislation. The committee's bill includes, as expected, tax increases on for-profit corporations and the wealthy. This aspect of the proposed Build Back Better Act includes $2.1 trillion in tax hikes.
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