Slate Money: The Fed Rate Cut is a New Beginning
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Tax Cuts and Political Shifts
This chapter explores the evolution of tax policy in American politics, concentrating on the Republican party's changing perspective on taxation from the Reagan era to the contemporary period. It discusses the ramifications of historical tax cuts, the SALT deduction cap, and recent tax proposals while analyzing the implications for various worker classifications, particularly tipped workers. The conversation critiques the fairness of tax policies and their economic impacts, illustrating the disconnect between theoretical tax fairness and the interests of wealthy individuals.
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