Posted on 05/01/2026 5:59:40 PM PDT by simpson96
WASHINGTON — Tax cuts are becoming the hottest new idea in Democratic politics from coast to coast, as candidates across the party spectrum seek to capitalize on cost-of-living struggles and win back working-class voters.
Sens. Cory Booker, D-N.J., and Chris Van Hollen, D-Md., recently rolled out sweeping tax cut plans. Booker seeks to create a federal tax exemption for up to $75,000 in income for married couples. Van Hollen wants to set that figure at $92,000. Both have been floated as potential 2028 presidential candidates.
In California, progressive candidate for governor Katie Porter, a former Democratic congresswoman, is proposing to wipe out state income taxes for California families making up to $100,000 per year.
In Georgia, gubernatorial candidate Keisha Lance Bottoms, a former mayor of Atlanta and Biden administration official, is campaigning on “eliminating state income taxes for teachers.”
The trend has sparked a “wonk revolt” uniting policy experts from the center to the left against the new trend, said Zach Moller, senior director of economic policy at the moderate Democratic group Third Way.
He said the divide is part of a “Democratic Cold War” between those who want to give tax breaks to certain groups and policy-minded figures who favor a broad revenue base.
The critics warn that Democrats cannot plausibly fund a European-style safety net if they continue to push for slashing revenues or shrinking the tax base.
(Excerpt) Read more at nbcnews.com ...
LOL - first they cause the problem by taxing everything, and obstructing all efforts to lighten the burden, then they see what people have known for a long time and have an “epiphany”...
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