Democrats weigh a range of tax increases in revived Build Back Better plan

President Joe Biden’s massive social safety net package known as Build Back Better sputtered out in December — but pieces of it have shown new signs of life this year.

The cheekily re-dubbed “Build Back Manchin” plan has come into greater focus in recent days after weeks of quiet discussions between the moderate bill-blocker Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY).

Experts say a new package could include around $1 trillion in new spending — about half the size of what stalled last year — with a focus on health care costs and energy. These ideas would, of course, require a range of tax increases to fund them. Those taxes would mostly hit business owners and corporations, at least according to the current proposals lawmakers are considering.