OUTSIDE VIEW: Narrowing tax base won’t fund programs progressives want to provide
AI Briefing
- Narrowing the tax base to pay for specific social programs won't be enough to fund them, according to a recent report by the Urban-Brookings Tax Policy Center. The report found that the tax base would still need to be broadened to cover the costs of programs like Medicaid expansion and the Earned Income Tax Credit. The report's authors argue that the current tax system is not equipped to pay for the costs of these programs without increasing the overall tax burden on taxpayers.
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