Democrats and Lobbyists Gird for Battle Over Far-Reaching Tax Increases

Contributing sentiments towards policy:

53% : Ms. Heitkamp rebuffed Mr. Wyden's assurance that he could structure the changes to affect only the very wealthy and the gain in value of their assets without taxation.
52% : A measure to increase tax law enforcement, which fell out of a separate bipartisan infrastructure bill, is likely to reappear in the reconciliation bill.
48% : They pay taxes only on the gain in value from that point once the assets are sold.
44% : Mr. Biden wants to have heirs to large fortunes pay taxes when the original owner dies.
44% : They would then pay taxes each year on the annual gain in value of their stocks, bonds and other assets, much like many Americans pay property taxes on the annually assessed value of their homes.
39% : Ms. Heitkamp, who said she was recruited to the opposition campaign by the Democratic former senator-turned-superlobbyist John Breaux, is adamant that taxation upon death, regardless of wealth, is deadly politics.
37% : WASHINGTON -- Congressional Democrats always knew their battle plan for raising taxes on corporations, large inheritances and the superwealthy would not survive initial contact with the enemy.

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