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The Fed Rate Cut is a New Beginning

Slate Money

CHAPTER

Tax Cuts and Political Dynamics

This chapter examines the historical evolution of tax cuts in U.S. politics, from the Reagan era to today, highlighting shifts in Republican strategies and public sentiment. It discusses the implications of recent changes in the SALT deduction, the housing market, and the impact on marginalized groups like tipped workers. The chapter critiques proposed tax reforms and explores the complexities of taxation, revealing how lobbying by wealthy interests shapes policies that may undermine fairness in the tax system.

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