Democrats will pass huge tax increase on party-line vote, Republicans warn

By Susan Ferrechio

Published March 18, 2021 10:30am ET

Democrats will pass huge tax increase on party-line vote, Republicans warn — (AP Photo) | J. David Ake

President Biden’s plan to raise corporate taxes could make it through the Senate if Democrats employ a budgetary tactic that will circumvent a GOP filibuster, Republicans warned.

Minority Leader Mitch McConnell predicted Democrats will usher through a major tax increase provision by tacking it on to infrastructure legislation, which they plan to pass with only 51 votes via a process known as budget reconciliation.