11min chapter

Slate Money cover image

The Fed Rate Cut is a New Beginning

Slate Money

CHAPTER

Tax Cuts and Their Legacy

This chapter analyzes historical tax policies in the U.S., particularly focusing on the Republican tax cuts from Ronald Reagan to Donald Trump. It discusses the implications of the SALT deduction cap and critiques proposed tax reforms affecting tipped workers while exploring the broader impacts of tax cuts on economic conditions. The conversation also addresses the complexities and contradictions in corporate taxation and capital gains, questioning the current narratives around investment incentives.

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