Source: Semafor
by David Weigel
“Every Democrat agrees that the next election will hinge on which party is better at lowering the cost of living. They’re starting to disagree about how to make their case. For Sen. Cory Booker, D-N.J., it means a new tax cut that would double the standard deduction and push millions of people off the income tax rolls. Sen. Chris Van Hollen, D-Md., is preparing to outdo Booker and propose an even larger income tax cut, nearly doubling the number of people who could ignore the IRS. … Critics of Booker and Van Hollen’s plans, including older-line progressives at the Center for American Progress and newer post-Biden players on the left, argue that the party’s mission depends on doing good things with public funds — not pitching taxes as a pox that people need ‘relief’ from.” (03/11/26)