Friday, February 28, 2025

Republicans Plan To Hide Cost Of Tax Cuts With 1 Weird Trick | HuffPost Latest News

The solution for GOP leaders is to simply pretend a huge part of the tax cuts doesn't exist. They want to use the "current policy" baseline, which assumes tax cuts — like the deficit-busting ones Republicans passed in 2017, the last time Trump was president — will simply be extended permanently even if that's not what the law says. So, using this accounting, Republicans could claim that the tax cuts would be cost-free even though in reality they would increase the deficit…

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