Catherine Rampell: The plot to undermine the U.S. tax code, using the Supreme Court - News Summed Up

Catherine Rampell: The plot to undermine the U.S. tax code, using the Supreme Court


For decades, the American right has been trying to gut the U.S. tax system, especially provisions borne by the richest Americans. But lately the multi-front war on government financing has tried to enlist a new ally: the U.S. Supreme Court. Most obviously: Several rounds of multi-trillion-dollar tax cuts, signed into law by Presidents George W. Bush and Donald Trump. They and their anti-tax allies assured the public that such overhauls would pay for themselves. Instead, the measures worsened the shortfall between what the government spends and what it brings in.


Source: Washington Post December 16, 2023 13:42 UTC



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