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Home»Opinion»Republicans’ fight to hide the costs of the next tax cuts has already begun
Opinion

Republicans’ fight to hide the costs of the next tax cuts has already begun

prosperplanetpulse.comBy prosperplanetpulse.comJune 5, 2024No Comments1 Min Read0 Views
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Republicans are trying to hide the full cost of their proposed tax cuts from voters by smearing the recorder in advance.

Katherine Rampell/The Washington Post
Katherine Rampell/The Washington Post

The 2017 Trump tax cuts came at a huge cost. The nonpartisan Congressional Budget Office (CBO) worked with the Joint Committee on Taxation to estimate that the law resulted in a $1.9 trillion budget deficit over 10 years. That figure included the economic growth benefits of the law, touted by Republicans at the time. Supporters of the law didn’t listen, and continued to argue that the tax cuts would more than pay for themselves.

Email: crampell@washpost.com.

Read the full story at The Washington Post.




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