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.
Dear Dr. Dollar:
The main narrative that I hear in mainstream press is that U.S. workers are being undercut and eventually displaced by global competition. Is this right? Read more »
