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Battle Erupts Over Claim Manchin Bill Raises Middle-Class Taxes

  • Republicans, Democrats engaged in tax-messaging battle
  • Congressional tax data is incomplete, economists say
Bloomberg business news
Manchin Pitches Sinema on Democrats’ Tax-Climate Bill
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A partisan messaging battle has erupted over an official US analysis suggesting it won’t be just the wealthy who will pay higher taxes under the Democrats’ latest economic agenda, raising risks for the party in the November elections.

The Joint Committee on Taxation, an official congressional scorekeeper, found that some middle- and low-income households could pay $16.7 billion in additional taxes next year as a result of the draft bill negotiated by Senate Majority Leader Chuck Schumer and Senator Joe Manchin.