6 ms·
The current Republican budget proposal incurs roughly five trillion dollars in additional debt and service cuts, all to allow tax cuts which mostly go to the to
by acdha 2y ago
The current Republican budget proposal incurs roughly five trillion dollars in additional debt and service cuts, all to allow tax cuts which mostly go to the top 10%:
https://budgetmodel.wharton.upenn.edu/issues/2025/2/27/fy2025-house-budget-reconciliation-and-trump-tax-proposals-effects https://budgetmodel.wharton.upenn.edu/issues/2025/2/27/fy202...
If you went to the average person and asked whether they’d like to have services like Medicaid and SNAP cut so their senior management can pay less in taxes, they’d say no. If you demonize the concept of tax collection, however, then they might go for it because they’re reacting out of fear rather than thinking analytically.