Here's how Congress can raise billions — without raising taxes
Jay A. Soled is a distinguished professor of taxation at Rutgers Business School. James Alm is a professor emeritus of economics at Tulane University.
Republicans are looking everywhere for ways to raise more revenue short of raising taxes. This magic trick is not easily accomplished. Taxpayers, even those embracing the MAGA mindset, are not holding out their wallets and, in a burst of civic patriotism, pleading with the government to take their money.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNN
20 minutes ago
- CNN
Curfew In Effect In Downtown L.A. For Second Straight Night - Laura Coates Live - Podcast on CNN Audio
Curfew In Effect In Downtown L.A. For Second Straight Night Laura Coates Live 46 mins Downtown Los Angeles is now under curfew for a second night. Mayor Karen Bass said the number of people arrested last night was 'minor,' and she hopes no one is arrested tonight. Similar protests are popping up in other major US cities, including New York, Chicago, Austin and Washington, DC. More demonstrations are planned this week.
Washington Post
22 minutes ago
- Washington Post
Democrats look for reinvention and a new playbook against Trump in key committee race
WASHINGTON — House Democrats are quietly engaged in a behind-the-scenes race for a key committee position, the second time in as many months that the party has had to fill one of the most prized positions in Congress. Four Democrats are running to be the ranking member on the House Oversight Committee, an investigative panel with public clout, subpoena power and an expansive portfolio. The position is open due to the death last month of Rep. Gerry Connolly of Virginia.
Washington Post
23 minutes ago
- Washington Post
What to know about 'No Kings' protests against Trump's policies on Saturday
Opponents of President Donald Trump's administration are set to rally in hundreds of cities on Saturday during the military parade in Washington for the Army's 250th anniversary — which coincides with Trump's birthday . The 'No Kings' protests are set to take place to counter what organizers say are Trump's plans to feed his ego on what is also his 79th birthday and Flag Day.
