Yikes. The “One Big Beautiful” Tax Bill is the Opposite of What America Needs.

The One, Big, Beautiful Bill is a Once-in-a-Generation Chance - The Iowa Standard

From The White House: Here are five reasons why President Donald J. Trump’s One, Big, Beautiful Bill is a generational opportunity to deliver the long-term changes Americans voted for: 1. It’s the largest tax cut in American history. It delivers PERMANENT tax cuts and bigger paychecks. This means an extra $5,000 in Americans’ pockets with a DOUBLE-DIGIT percent DECREASE to their tax bills. Americans earning between $30,000 and $80,000 will pay …

Yikes. The “One Big Beautiful” Tax Bill is the Opposite of What America Needs.

by James Hickman Schiff Sovereign In the year 428 BC, ancient Athenians imposed a special tax called the eisphora that targeted local business investments in the city-state. It was expensive and highly unpopular among investors. And wealthy Athenians simply stopped investing in local businesses to avoid the tax. This is almost an iron-clad lesson of history: whenever governments tax something, they end up with less of it. And the inverse is also…