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matta / MattA
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2025-03-03 02:59:17

matta on Nostr: Why are Trump, Vivek and Ron DeSantis all so vocal about eliminating sales taxes, ...

Why are Trump, Vivek and Ron DeSantis all so vocal about eliminating sales taxes, ending property taxes, and slashing capital gains rates?

I’m still trying to wrap my head around the new administration’s tax strategy. Tariffs alone aren’t enough to cover the revenue gap. Are they considering a tax on large corporations with outsized profits as part of the plan?

My instinct is that their long-term vision, maybe over the next 20 years… hinges on big tech’s profitability, fueled by AI efficiency, growing so massive that taxing tech companies alone could generate enormous revenues to subsidize much of private U.S. taxpayers 🤔
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