Proposed Tax Changes in Congress

Proposed Tax Changes in Congress

Investors are watching the Build Back Better Act. This $3.5 trillion bill, refined through months-long negotiations, may be approaching a final vote in the House of Representatives. If the BBA becomes law, it would finance large-scale infrastructure projects, authorize a major expansion of parts of the country’s social safety net, and fund college education, grant, and entrepreneurial programs over the next ten years.1,2

This information is designed to provide general information on the subjects covered. It is not intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Remember that tax laws and tax rates are constantly changing.

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