The article discusses the expiring tax cuts, potential consequences for the U.S. economy, and the public's perception of a second Trump term. It also criticizes government-run healthcare systems, citing examples of delayed care and its detrimental effects.
Key Tax Cuts and Jobs Act provisions expire next year as Uncle Sam hits the $26.1 trillion debt ceiling, even as the feds are set to add $5 trillion to debt. And neither stronger growth nor cuts by the new Department of Government Efficiency can fill the hole. Time to target “tax expenditures,” such as for corporate health insurance and those in the American Rescue Plan and Inflation Reduction Act.
Throw in assorted credits, like the deductibility of student-loan interest, and “you begin to unearth a target-rich environment.” To maintain economic growth, Congress will have to cut the budget. Americans appear likely to look more favorably upon Trump’s second term in office” than the first go-around in 2016,. Many, if not most, support his economic and immigration policies; polls show up to 60% want “to see Trump’s border and deportation plans pursued in 2025 along with his ideas for cutting personal taxes, reducing government spending, and increasing domestic oil drilling.” He’d be wise to prioritize these issues, as his “pro-corporate and nationalist agenda items are viewed as far less of a priority.” If Trump focuses “on the core economic and social priorities” most Americans’ share, he should remain popular. “Too much time and energy on the narrow political obsessions” and “he will quickly lose public support.” Those arguing to imitate the UK or Canadian “free” health-care systems “are either misinformed or intentionally trying to deceive the public, because government-run health care systems frequently delay or deny needed medical care,”. Indeed, those “systems have serious problems” — and consequences. When Britain’s National Health Service doctors went on strike in May and June, an estimated “300 to 500 people were dying each week” as a result of delayed care. A Canadian who loses her primary-care doctor can wait “months or even years to be accepted by a new one, which can mean no referrals to a specialist.” Beware: “Delayed care is often denied car
Economics Healthcare Tax Cuts Trump Economy Healthcare Government Spending
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