Proposed Bill Targets Housing Upgrades, Tax Loopholes

Last week, two Democratic senators (Chuck Schumer of New York and Joe Manchin of West Virginia) announced an agreement on draft legislation that salvages some of last year’s Build Back Better framework. Much smaller in scope, the bill targets healthcare and climate action, also making some significant tax changes even as President Joe Biden claims individuals making less than $400,000 a year will not see their taxes go up.

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