Can the US Tax Its Way to Fiscal Health? on Nostr: Can the US Tax Its Way to Fiscal Health? =============== #eebe0f3d ver:0.15 The US is ...
Can the US Tax Its Way to Fiscal Health?
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#eebe0f3d ver:0.15
The US is grappling with rising deficits and debt, with debates over raising taxes or cutting spending. Tax cuts and spending increases are both to blame for the debt, but experts argue that the problem lies in massive tax decreases benefiting the affluent. Cutting spending alone won't fix it, and addressing the deficit requires a combination of revenue and spending solutions. The challenge is manageable economically, but the real problem is political. The Biden administration's proposed tax policy could have negative consequences, and extending the Tax Cuts and Jobs Act would cost the economy billions. Higher taxes without restraint on spending won't improve fiscal health. #USDebt #TaxReform #FiscalHealth...
#newstr #UsTaxPolicy #FiscalHealth #NationalDebt #BidenAdministration #TaxIncreases #EconomicGrowth
https://here.news/story/eebe0f3d?ver=0.15
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#eebe0f3d ver:0.15
The US is grappling with rising deficits and debt, with debates over raising taxes or cutting spending. Tax cuts and spending increases are both to blame for the debt, but experts argue that the problem lies in massive tax decreases benefiting the affluent. Cutting spending alone won't fix it, and addressing the deficit requires a combination of revenue and spending solutions. The challenge is manageable economically, but the real problem is political. The Biden administration's proposed tax policy could have negative consequences, and extending the Tax Cuts and Jobs Act would cost the economy billions. Higher taxes without restraint on spending won't improve fiscal health. #USDebt #TaxReform #FiscalHealth...
#newstr #UsTaxPolicy #FiscalHealth #NationalDebt #BidenAdministration #TaxIncreases #EconomicGrowth
https://here.news/story/eebe0f3d?ver=0.15