Ethan Struby publishes opinion piece in The Hill
Struby is assistant professor of economics at Carleton.
Ethan Struby, assistant professor of economics, published an opinion piece in The Hill titled, “Senate Democrat tax plans are more populist slop and ignore national debt.”
House and Senate Democrats have introduced bills promising to eliminate income taxes for broad swaths of Americans. Generally, these plans accompany proposals to soak the rich, provide guaranteed cash payments and expanded tax credits, and somehow end up deficit neutral.
Although the goal of increased progressivity and fairness is noble, these plans concede too much ground to the slop-populism of the Trump administration and fail to confront fiscal reality. Instead, policymakers should focus on raising revenue and stop pretending the national debt is not already ballooning out of control.