Democrats setting a veto trap for Trump with plan even some Republicans may back
RawStory reports that after a sweeping midterm victory, Democrats are reviving proposals to raise taxes on the wealthy — Chuck Schumer's quadrupled stock-buyback tax, Ron Wyden's limits on derivatives, Richard Neal's retirement-account caps, and Chris Van Hollen's millionaires' surtax, backed by nearly half the Senate caucus — aiming to trap Trump into a veto that Van Hollen says would show he sides with billionaires. Some Republicans like Bernie Moreno and Tom Cole have backed higher taxes for Social Security, though Politico reports a wealth tax faces a tougher road and unknown votes from new red-state Democrats.
