Tax reform

Signs are mounting that anxiety among congressional Democrats will significantly temper any increases that manage to pass Congress.

Business groups were unmoved by the Treasury Secretary’s call for U.S. companies to accept higher taxes in return for a huge public investment in infrastructure aimed at boosting the American economy.

'It doesn't have to be exactly' 28 percent, the president said, in a signal that a final package could well have a lower rate.

The fate of the administration’s $4 trillion economic vision now rests with the lawmakers in a narrowly divided Congress.

The Penn Wharton Budget Model says the White House mistook the cost of its child-care and education policies.

The president holds some advantages in pushing for what would be a massive expansion of the government.

The president declared the U.S. has turned the corner on a pandemic that’s killed more than half a million Americans.

The president called for higher taxes on the rich to fund a massive investment in the nation’s social safety net.

President Joe Biden’s coming proposal to ramp up the capital gains tax would hit both individuals earning $1 million and married couples filing jointly earning the same amount, according to a White House official.

The White House plans to propose almost doubling the capital gains tax rate for those earning $1 million or more, to 39.6 percent.