AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (1 comment)

  1. Brad Bonkoski

    Many details left out of the table above.. would be nice to make it more comprehensive.

    Could someone explain the AGI cut offs for the proposed tax brackets?

    One HUGE problem..
    We have an epidemic in the country around saving for retirement. While light on details, it would seem the proposal would place more limits on tax preferred retirement savings, which is exactly the wrong direction to go in! Lowering tax burdens on corporations many years ago lead to the end of pensions, forcing people to save for retirement themselves, which was a disaster! Mainly this will continue to strain dependance on Social security even as there is not enough to go around. We need to provide *more* vehicles for saving for retirement or offer incentives corporations to reinstate pensions.

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