Plain English with Derek Thompson cover image

Trump’s Big, Beautiful Bill Is Great for the "Stealthy Wealthy"

Plain English with Derek Thompson

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Fiscal Policies and Economic Uncertainty

This chapter analyzes the effects of recent fiscal policies, focusing on corporate investment incentives and tax cuts amid rising interest rates and inflation. It highlights the paradoxical nature of tax reforms and tariffs, showcasing the resulting uncertainty that may affect long-term investment decisions by businesses. Additionally, the chapter discusses the varying impacts of these policies across different sectors, as well as the potential implementation of a consumption tax and its implications for income inequality.

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