This year offers an opportunity to enact tax policy changes that would ease the strain on household budgets that people in low-paid jobs and their families face while ensuring that the nation’s wealthiest pay their fair share.
Legislation, Executive Actions, and Tariffs Will Harm Millions
Musk got the only thing that he wanted. Does Trump realize it?
Child care is both hard to find and increasingly expensive for families. The average price of licensed child care for a U.S. family is nearly $11,000 per year, which is 33 percent of the median household income for single-parent families.
Raising revenues is central to any responsible effort to reduce deficits, but there is no sign that long-standing Republican resistance to raising revenues has reversed or even softened.
Remember: The US Treasury is obligated to make payments. The rest is optics.
On Tax Day, there’s more than one elephant in the room, and they’re all in mansions.
Biden has, at times, seemed sympathetic to Republican arguments to increase the age of retirement as a way to keep Social Security solvent and to modify how benefits are calculated adjusting for inflation -- maybe resulting in lower benefits.
Alexandria Ocasio-Cortez is pushing to kick military recruiters out of high schools and off Twitch. And she’s right: the military’s recruitment strategy of preying on low-income and working-class students is grotesque.
Right now, government money is flowing. But soon the self-appointed guardians of “fiscal responsibility” will call for cuts to Social Security, Medicare, and SNAP, while leaving the defense budget and large tax breaks for the wealthy intact.
Spread the word