Exempting Most Americans From Taxes Will Raise Gov. Spending

Exempting Most Americans From Taxes Will Raise Gov. Spending

Allowing most Americans to pawn off the full cost of federal programs on a small slice of the public would guarantee higher deficits.

Exempting Most Americans From Taxes Is A Recipe For More Government Spending

While the putative Department of Government Efficiency represents a first step in controlling federal spending, other initiatives by the Trump administration could unfortunately have the opposite effect. Witness recent comments by Commerce Secretary Howard Lutnick describing the president’s goal as “no tax for anybody making under $150,000 a year.” That type of policy sounds superficially... The post Exempting Most Americans From Taxes Is A Reci…

Conof estimates that the measure represents a loss of R$ 26.2 billion for the public coffers next year, but offset by R$ 32.6 billion resulting from two taxes included in the proposal