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Elizabeth Warren

Lawmakers chat jets and taxes

It was a busy week on Capitol Hill, kicked off by the White House’s latest budget proposal – complete with a full slate of tax cuts and hikes – landing with the usual partisan thud.

But a couple of moves by the Biden administration stuck out to us. The administration took new aim at businesses' private planes with a string of fresh tax proposals and trotted out a free online tax filing tool to mixed reactions. So what do lawmakers think? Let’s get into it.

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Presented by The Coalition to Project American Jobs

It’s taking the IRS years to process a small business tax credit. 1M+ small business owners who filed for the Employee Retention Credit are stuck in backlog or waiting on payment for their claims. Tell the IRS to lift the moratorium now.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.