Concerns Rise Over Taxation Policies in the U.S.

Concerns grow as rumors suggest Republican support for tax hikes on high earners, challenging the economic growth and job mobility in America as Congress debates tax reforms.


Concerns Rise Over Taxation Policies in the U.S.

There exists a nonpartisan discourse around supporting this direction within the ranks of the Republican Party. The question arises: should one choose the path, stimulating economic growth and professional development, or should one take the route that indicates success? Democrats devote a larger portion of their time demanding increased taxes for Americans, particularly for those with high income levels. All this is often unfeasible and based on fundamentally naïve views, according to which 'the rich' are exempt from mentioned obligations.

*Kyle Moran*

During the continued congressional discussions of rejuvenating many key aspects of the Tax Reduction Act and jobs since 2017, enacted by President Donald Trump, the risks that regular Americans are facing become even more pronounced.