Soon after Democrats announced an agreement to pass a pared-down version of President Joe...
, a climate-change policy blueprint supported by progressive Democrats that never advanced in either chamber of Congress.
Overall, the federal tax burden for all Americans would rise by 1.4 percent. For those earning between $30,000 and $100,000, the increase would be less than 1 percent; for those earning less or more, the increase would exceed 1 percent. But there’s an important caveat: The joint committee looked only at the tax side of the bill, not at spending provisions that could cancel out those tax increases.
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