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 jacobin.com
A Bill for Trump's Madness Will Come Due
| | www.danstroot.com
Dan Stroot · Blog · Liberation Day Tariffs
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| | Tariffs are revenue generators for the government - they are a form of taxation. This policy shift represents the most significant "tax increase" in recent U.S. history. It is likely the tariffs are intended as a mechanism to offset revenue loss from extending the tax cuts, with the administration seeking to make the 2017 TCJA tax cuts permanent.
| | conversableeconomist.com
The Utterly Predictable Problem of Long-Run US Budget Deficits - Conversable Economist
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| | For anyone who can do arithmetic, it did not come as a surprise that the \"baby boom generation,\" born from 1946 up through the early 1960s, started turning 65 in 2010. Here\'s the pattern over time of the \"Daily Average Number of People Turning 65.\" The jump of the boomer generation is marked. Because two
| | brutalproof.net
Can President Trump Eliminate Income Taxes? - Brutal Proof
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| | [AI summary] The article explores the feasibility of eliminating income taxes for Americans earning under $150,000 by leveraging tariffs and the Department of Government Efficiency (DOGE) to offset budget losses, while addressing the growing federal debt and exploring radical alternatives like debt-free money printing.
| | www.nbcnews.com
Supreme Court allows Trump to implement Education Department layoffs
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| The Supreme Court on Monday allowed the Trump administration to carry out a broad layoffs at the Department of Education that were blocked by a federal judge.