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Because this is my lot in life, I will note, again, that the US is a low-tax country.
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Just getting back to 2024 policies - reversing Medicaid, SNAP, tariffs, ACA subsidies and paying for them - would consume a huge chunk of Dems’ politically unifying tax-rate increases.
My latest, on the fiscal challenges for the incoming majority:
wsj.com/politics/democ…
My latest, on the fiscal challenges for the incoming majority:
wsj.com/politics/democ…
www.wsj.com Democrats Torn Over Floating New Taxes to Cover Multitrillion-Dollar Agenda Lawmakers are debating raising new revenues to help pay for expanded healthcare and other big policy ideas. New from me: Democrats have big plans to reverse GOP health and tariff policies and implement their own ideas.
Will they propose higher taxes to cover the cost?
wsj.com/politics/democ…
Will they propose higher taxes to cover the cost?
wsj.com/politics/democ…
www.wsj.com Democrats Torn Over Floating New Taxes to Cover Multitrillion-Dollar Agenda Lawmakers are debating raising new revenues to help pay for expanded healthcare and other big policy ideas. Christian secondary schools, liberal-arts colleges and bond lawyers all on the same side here against this Treasury/IRS proposal.
The IRS proposal would let the government revoke the tax-exempt status of schools engaging in racial preferences. on.wsj.com/3XqWVPLView quoted post on X
New from me: There is a broad ideological coalition resisting the administration’s rule that would allow IRS to strip tax exemptions from private schools engaging in any racial discrimination.
wsj.com/us-news/educat…
wsj.com/us-news/educat…
www.wsj.com Christian Schools, Big Universities Try to Fight Race-Discrimination Rule The IRS proposal would let the government revoke the tax-exempt status of schools engaging in racial preferences.