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“I actually love the concept,” Donald Trump recently told Time magazine of a proposal circulating within his cabinet to raise taxes upon those earning over $1m. “I don’t want it to be used against me politically, because I’ve seen people lose elections for less, especially with the fake news.”
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First: why? The proposal itself is a brainchild of the conservative American Compass thinktank, which, in a June 2024 white paper, proposed raising taxes upon the wealthy to pay down the American national debt. “The constituency and base of the Republican party is shifting,” Oren Cass, American Compass’s founder, told the Atlantic in April. To extend Trump’s 2017 tax cuts by simply adding $5tn to the American national debt would be, in Cass’s words, “pathetic, embarrassing, and outright cheating”.
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Conservative Coalition Urges House Leadership to Include Safeguards Against Chinese AI Chip Development in FY2027 NDAA
Representatives from the conservative groups American Compass, Heritage Action, and the Foundation for American Innovation wrote today to Speaker of the House Mike Johnson and Majority Leader Steve Scalise in Read more…
Oren Cass Appears on CSPAN’s Washington Journal
American Compass founder and chief economist Oren Cass joined CSPAN’s Washington Journal to discuss the state of the U.S. economy.
Oren Cass: The rise of the pro-worker conservative is changing the US
A small but growing cadre of pro-worker conservatives is scrambling that playing field.
