The Tax Debate We Need
Progressive taxation curbs the power of the wealthy — and that's exactly why the Right hates it.
President Ronald Reagan meets with the press in August 1981 after signing his tax cuts. National Archives and Records Administration
The Trump Administration has finally produced its tax plan.
No sooner did it do so than Republicans in Congress put in place budget rules to grease the procedural skids — including a provision that allows a vote to ahead without any “score” from the Congressional Budget Office.
This latest procedural atrocity is no surprise, nor is the cynicism with which Republicans have been willing to abrogate every principle they claimed to uphold in the last administration. The GOP leadership will now go all-in for the latest innovation in their decades-long quest to further entrench the power of the wealthy.
This article is for subscribers only. Please login or subscribe to access our full archives and beautiful print and digital magazine starting at just $3 a month.