The Battle Over DOGE
RealClearPolitics Podcast
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Navigating Tax Reform Challenges
This chapter explores the complexities and implications of proposed tax reforms, particularly a controversial tax on tips and the potential impact on wages. It delves into issues like the taxation of Social Security, overtime pay, and state and local tax deductions, while calling for a comprehensive reform of the tax code. The discussion culminates in the need for a streamlined tax system that addresses high marginal rates and the carried interest loophole, highlighting the intricate balance between tax policy and economic sustainability.
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