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The Death of Middle-Class Tax Cuts as a Bulletproof Idea

Summary by The New Republic
In April, New Jersey Senator Cory Booker and Maryland Senator Chris Van Hollen separately introduced legislation that they promised would help with the affordability crisis. Booker’s bill, the Keep Your Pay Act, would erase income taxes for taxpayers who make less than $75,000; Van Hollen’s bill, which Booker has co-sponsored, would do the same but only for incomes below $46,000. The two Democrats, both of whom are rumored to be considering pres…

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The New Republic broke the news on Monday, August 3, 2026.
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