Alternative Visions- Trump Tax Cut Legislation Details
May 12, 2025•56 min•Ep. 422
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Episode description
Today's show focuses on pending $4 Trillion Tax Cuts soon acted on by US Congress as part of package of spending/budget. What's actually in the tax bill? Why is it being reduced to $4T? What about the proposed $1.1T in new working class tax cuts (tips, overtime pay, social security income, interest deduction on new car purchases, cap on state & local taxes, etc.). Will they pass? Why are corporate taxes not on the table, only individual income taxes? Why US has cut taxes by $17 trillion since 2001 despite spending $9 trillion on wars? Why was Obama the biggest corp-business tax cutter $6.1T)? How does Trump propose to cut spending to offset the tax cuts?
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