The Democratic Push To Tax The Rich More Is 40 Years In The Making : NPR

… It's the dual mission of the tax portions of the reconciliation bill now taking shape in the tax-writing committees: to raise enough revenue to prevent the new spending from adding too much to future deficits. But Democrats also want to make sure whatever new revenue they raise comes from corporations and high-income individuals — the categories that have benefited most from the tax trends that began with Reagan's 1981 reconciliation breakthrough...

https://www.npr.org/2021/09/16/1036853972/biden-democrats-tax-the-rich-reagan-trump-reconciliation