ITEP Analyzes Tax Increases in Build Back Better Bill

ITEP Analyzes Tax Increases in Build Back Better Bill 

Institute on Taxation and Economic Policy

Although revenue provisions in the Build Back Better bill would raise $2.1 trillion over 10 years, the richest 5 percent and foreign investors would pay the majority of the tax increases, while taxes would decrease for other groups, according to a September 21 report from the Institute on Taxation and Economic Policy.

Although revenue provisions in the Build Back Better bill would raise $2.1 trillion over 10 years, the richest 5 percent and foreign investors would pay the majority of the tax increases, while taxes would decrease for other groups, according to a September 21 report from the Institute on Taxation and Economic Policy.

Although revenue <a href="/lr/resolve//78493">provisions</a> in the Build Back Better bill would raise $2.1 trillion over 10 years, the richest 5 percent and foreign investors would pay the majority of the tax increases, while taxes would decrease for other groups, according to a September 21 report from the Institute on Taxation and Economic Policy.