Sanders Tax Plans Seen Raising $15.3 Trillion Over 10 Years

Senator Bernie Sanders’s proposals for sweeping tax hikes on businesses and individuals to bankroll universal health care, infrastructure and free college tuition would raise $15.3 trillion over the next decade but “substantially reduce incentives to save and invest in the United States,” according to a new policy study. Sanders’s plan would “modestly raise” tax rates for average taxpayers and “raise […]

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GOP tax plans aim to goose economy, but will likely boost debt

One of the last times federal lawmakers faced a debt limit crisis, Republican Sen. Marco Rubio of Florida blasted the “Washington-manufactured drama” that he said threatened America’s future. On Fox News, he bemoaned the “$17 trillion national debt that continues to grow. I’ve now been here three years; nothing has been done to seriously address that.” Now it’s his turn […]

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GOP tax plans benefit rich despite populist campaign talk

DENVER — Jeb Bush went to Detroit and talked about leveling the playing field. Marco Rubio wrote a book about helping the working class. Rand Paul is promising to expand the Republican Party beyond its traditional base. Yet all three Republican presidential candidates have offered tax proposals that would, for reasons such as nomination politics and tax rate realities, overwhelmingly […]

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