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