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Medicare for All Proposes Economy-Crushing Taxes on Middle Class

No other country in the world has been able to provide government-managed health care without soaking middle-class and lower-income taxpayers with high income and payroll taxes.  The “Medicare for All” plan revealed by Sen. Elizabeth Warren, D-Mass., shows how hard it is to raise tens of trillions of dollars without leaving typical Americans economically worse off.  Despite the headlines, every single new tax the plan proposes either kneecaps economic opportunity for the American middle class or raises their taxes. 

Investors Said Ending Tax-Avoidance Tool Would Decimate the Economy

The 1031 exchange, which lets people defer taxes if they sell a property and invest in a new one, is under fire again. Investors defend its merits.

Transcripts for MSNBC All In With Chris Hayes 20240604 01:45:00

w. bush when the presidency for the second time, a journalist and historian, thomas frank, published a book titled, what s the math with kansas? it became a runaway bestseller, hugely influential work in politics, political science. and frank s thesis, using kansas as an example, it s about how the republican party won over white working class voters, particularly in rural areas, despite the fact that the party does not uphold their material interests. and he basically describes it as a kind of bait and switch. republicans pull voters in on culture war issues and then just deliver for their wealthy donors and corporations. vote to stop abortion, receive a rollback in capital gains taxes, but to make our country strong again, received the industrialization. vote to strike a blow against elitism, receive a social order

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