I think it's fair to say that much of the media coverage and public discourse surrounding Project 2025 has (rightfully) focused on the fact that it represents a blueprint for transforming America into an overtly (as opposed to covertly) fascist nation where virtually every aspect of political, social, and personal live is governed according to white supremacist, theocratic, Christian Nationalist principles. Given the broad coalition of billionaires and corporate actors working to make Project 2025 a reality however, would it really surprise you to learn that this same blueprint represents a massive financial gift to the rich at the expense of labor class Americans? According to a recent study conducted by Democrats on the Joint Economic Committee, that's precisely what Project 2025 will do:
https://www.commondreams.org/news/project-2025-taxes
Trump-Aligned Project 2025 Would Mean Higher Taxes for Workers, 'Corporate Welfare' for the Rich
"An economic analysis of the far-right Project 2025 agenda crafted by at least 140 former Trump administration officials shows that the plan would result in higher taxes on working-class Americans and "corporate welfare" for the rich and large businesses."
Like most right wing proposals that actively harm the labor class, the sausage is made by combining multiple regressive taxation policy decisions that ultimately rob American workers and their families of their hard-earned income:
"Together, these changes to tax rates would mean that a family of four earning $90,000 per year would have paid roughly $2,300 more in taxes last year," the JEC found. "If the Child Tax Credit was also eliminated, this family would have paid roughly $6,300 more. Meanwhile, millionaires would pay a lower top tax rate."
The analysis also points to Project 2025's push for a "national sales tax," a highly regressive proposal endorsed by dozens of Republican lawmakers in the House of Representatives.
A national sales tax would "force working families to pay more at the grocery store, gas pump, and any other place they buy goods or services," JEC said Thursday, noting that past GOP proposals "would have hiked the cost of essentials like groceries and housing—usually exempt from state and local sales taxes—by 30%."
This would then in turn be combined with significant tax cuts for American corporations, with more goodies for the rich likely on the way during a potential second Trump presidency:
"Meanwhile, Project 2025 calls for reducing the U.S. corporate tax rate from 21% to 18%. According to The Washington Post, GOP presidential nominee Donald Trump's advisers have discussed slashing the tax rate to as low as 15%, and the president himself has told leading executives and his wealthy campaign donors that he intends to push for additional tax cuts if he wins another four years in the White House."
Look folks, I don't think you need me to tell you that so-called "trickle down economics" has been demonstrably proven to be failed policy, and an utter disaster for Americans who don't happen to be billionaires and/or corporate CEOs. But the taxation changes being discussed here aren't even "trickle down" initiatives so much as directly robbing labor class families to fill corporate coffers. No reasonable person should need any more reasons to think Project 2025 is a nightmare that cannot be allowed to become reality, but even broke cracker fascists who think they'll somehow benefit from the installation of a permanent white supremacist, Christian Nationalist regime should realize that paying thousands of dollars more per year in various taxes to help corporate CEO's buy yet another yacht is a terrible deal for everyone but rich people who are already living high on the hog.
2/3 Tarriffs Explainer
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