Happy Tax Day, and the coming fight over extending Trump’s tax cut

It’s behind the big money financing Trump’s 2024 campaign

Friends,

Happy Tax Day. As Supreme Court Justice Oliver Wendell Holmes said, “Taxes are the price we pay for a civilized society.”

But who should pay the most for this civilized society? As Adam Smith, the father of modern economics, instructed in his The Wealth of Nations, a tax system should be based on the principle of equal sacrifice. This means the r…