Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reason
Reason
Veronique de Rugy

FOUND: These reforms would simplify our messy tax code and level the playing field - What They Never Told You

Republicans claim they are slashing government, but they're about to explode the budget deficit to extend President Donald Trump's tax cuts—which would balloon interest payments on the national debt, already one of the largest expenses in the federal budget. That's no way to slash the size of government.

They could offset the lost revenue from tax cuts by reducing spending and entitlements, but that would require hard political choices. Instead, Senate Republicans are attempting to resort to budget gimmicks. Pretending the 2017 tax cuts were always going to be extended makes it look like the current proposal has no cost.

That's pure political cowardice. There is an alternative to this mess.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.