The features of the bill that are likely to help ordinary people were catchy and easy to understand—reduced taxes on tips and overtime pay and a higher standard deduction for the elderly on income taxes. Yet these projected revenue losses are tiny compared to those incurred by the super rich.
There are other ways to organize U.S. international trade. The neoliberal free trade of recent decades and the trade restrictions of Trumpian tariffs are not the only options.
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