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Transcripts for MSNBC The Last Word With Lawrence ODonnell 20211028 02:07:00

brought out the traditional rival between the chairman of the house tax-writing committee and the senate tax-writing committee, after chairman widen introduced his proposal today. chairman neal has already written a bill with pride of authorship that includes a package of traditional tax increases on the top income tax rate, the capital gains tax rate, corporate tax rate that was part of the original biden tax proposal. senator sinema opposes those increases in those tax rates and that is what has forced this last-minute attempt to find other tax increases that senator sinema will accept. chairman neal says he is now considering, quote, a 3% surtax on top of the top income tax rate for those earning more than

Transcripts for MSNBC The Last Word With Lawrence ODonnell 20211028 02:02:00

committee schedule a session for tomorrow. when she requested it, she asked them to consider half a dozen different things, which meant, what on this list do you really mean? and it sounds like what she wanted them to do was be ready to move on that senate-passed bill, if you can get your guest tonight and the progressive caucus to go along with that. although just told me what they re looking for is both bills moving together next week. that there s no that when she called an artificial deadline isn t going to help. so, i do feel like the movement every day that we can observe matters, in terms of what s ultimately going to happen. we re back to whether joe manchin and kkyrsten sinema are going to let it pass.

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