Tax hike plan - Reviving extinct species - Norway reconsiders oil

The tax proposal was pitched as potentially raising some $2.9 trillion — but that’s a preliminary estimate. That would go a long way toward paying for the $3.5 trillion [infrastructure plan]. The White House is counting on long-term economic growth to be sparked by the legislation to generate an additional $600 billion to make up the difference.
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The proposed top tax rate would revert to 39.6% on couples earning more than $450,000, and there would be a 3% tax on wealthier Americans making beyond $5 million a year. For big businesses, the proposal would lift the 21% corporate tax rate to 26.5% on incomes beyond $5 million. The tax hikes would bring about the most substantive changes in the tax code since Republicans slashed taxes in 2017.
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One Democratic senator vital to the [infrastructure] bill’s fate says the cost will need to be slashed to $1 trillion to $1.5 trillion to win his support. [Sen. Joe Manchin cited] in particular his opposition to a proposed increase in the corporate tax rate from 21% to 28%.