Posted inEditorials

The Rise of New Socialists in the Age of Gilded Subsidies (Part I)

by William L. Kovacs, ©2024 https://home.treasury.gov/policy-issues/tax-policy/tax-expenditures (Oct. 15, 2024) — The federal government uses its tax, borrowing, spending, and regulatory powers to control most of the economic activity in the United States. Presently, it extracts well over $3 trillion from taxpayers and redistributes their wealth to other individuals and corporations that act in ways the […]