Advancing Tax Proposals Put Corporations and High-Income Individuals in Spotlight
- 09.30.21
- Tax Planning
- Article
On Saturday, September 25, 2021, the House Budget Committee voted to advance a $3.5 trillion spending package to the House floor for debate. The House Ways and Means Committee and the Joint Committee on Taxation had previously released summaries of proposed tax changes intended to help fund the spending package. Many of these provisions focus specifically on businesses and high-income households.
