A Welcome New Twist on America’s Tax Future

Source: Inequality.org
by Sam Pizzigati

“Republican leaders in Congress have been working feverishly over recent days to renew the rich people: friendly 2017 Trump tax cuts set to expire at this year’s end. Both the House and Senate have now passed bills that do that renewing, and also add in some assorted new goodies. All that remains before this latest giveaway to grand fortune becomes law: a bit of dickering between House and Senate GOP leaders over the tax cut’s particulars and then President Donald Trump’s John Henry on whatever legislation that dickering ends up producing. Trump can barely wait for the signing ceremony. But he’s also pushing for much more than an extension (and expansion) of those 2017 tax cuts. His ultimate goal: erasing taxes on income from the entire federal tax code.” (04/14/25)

https://inequality.org/article/a-welcome-new-twist-on-americas-tax-future/