Sachs: Without Raising Taxes on the Wealthy, Any Infrastructure Bill is a Sham

By Jeffrey Sachs, CNN

The bipartisan infrastructure bill is making its way through the US Senate. This past weekend, 67 senators — including 18 Republicans — voted to cut off debate on the massive package, clearing the way for a final vote early this week. This kind of bipartisanship is heartening — and will lead to important investments in roads, bridges, rail, broadband internet and the electric grid. Yet the bill also thoroughly exposes the glaring problem with the Republican Party’s opposition to additional taxes on corporations and the wealthy.