WASHINGTON — Can President Joe Biden keep the loyalty of the wealthy, suburban Americans who helped put him in the White House — many of them former Republicans — even when he pushes for tax increases to fund priorities such as infrastructure?
That’s the challenge ahead for the Biden administration, a week after the president detailed a new $2 trillion infrastructure plan he proposed to pay for primarily by raising the corporate tax rate to 28% from 21%.
With former President Donald Trump out of office, some Democrats concede that tax and spend policies could make them begin worrying about their own pocketbooks and reshuffle their political priorities.
