Senate considered harmful tax trade
vendredi 23 décembre 2022 à 23:34The Senate considered a harmful trade: to extend tax credits for poor families with children in exchange for tax cuts for corporations (mostly for the rich).
The article does not make it clear which of those two changes were temporary and which were permanent. But I expect that the increase in tax credits for children was temporary.
This sort of deal is bad and we should defeat it. Continuing to reduce taxes for the rich will paralyze the government, leaving it unable to afford tax credits for the poor, or anything else. We need to increase taxes on the rich.