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2025-05-09 05:25:15 UTC

@ChrisMayLA6@zirk.us has moved on Nostr: So now the Court of Tangerine Tyrant is looking to raise taxes on incomes above $2.5m ...

So now the Court of Tangerine Tyrant is looking to raise taxes on incomes above $2.5m to around 40%, reverting to earlier levels, while isley also rising the tax threshold for 'ordinary' Americans.

This reflects a emerging (but partial) pattern for the Right (see also the ReformUK 'Contract') which marries a socially & politically right wing position with a more progressive (leftish) position on economic issues.....

Will be interesting to see how this plays out.

#politics #economics
h/t FT