Biden promised new revenue to pay for historic spending increases in his second, very “soft” infrastructure package. He needs tax increases to pick up votes from Joe Manchin (D-W.Va.) in the Senate and a handful of House centrists, who are concerned about adding even more to the national debt.
![Looming Tax proposal Economic killing taxation](https://www.deltabusinessadvisors.com/wp-content/uploads/2021/09/2021-09-01-DBA-Final-1@0.33x.jpg)