The Democrats are about to make a trillion-dollar mistake
A bold new idea is taking the Democrats by storm: massive middle-class tax cuts.
Last week, two of the party’s rumored 2028 candidates — Sens. Chris Van Hollen and Cory Booker — unveiled plans to fully exempt tens of millions of Americans from federal income taxes.
Key takeaways
• Sens. Cory Booker and Chris Van Hollen want to eliminate federal income taxes for tens of millions of Americans, financed by taxing the super rich.
• But their plans are incompatible with their own proposals for expanding the welfare state.
• It’s more important to reduce child poverty and expand public health insurance than to reduce the middle-class’s (already low) tax rates.
MOAR:
https://www.msn.com/en-us/news/politics/the-democrats-are-about-to-make-a-trillion-dollar-mistake/ar-AA1YJcL8?ocid=msedgntp&pc=LCTS&cvid=69b84f40173d41e3bebb460cd757e945&ei=9