"Sen. Cory Booker's Keep Your Pay Act would exempt taxpayers' first $37,500 in income from federal taxes, aiming to address 'out of control costs' and provide immediate financial relief."
"Sen. Chris Van Hollen's Working Americans' Tax Cut Act proposes to zero out federal income taxes for joint-filing households earning up to $92,000, funded by a surtax on millionaires."
"The focus on affordability in these proposals reflects a broader concern among voters about the rising costs of living, including housing, childcare, groceries, and gas."
The invisible primary for the 2028 presidential election is underway, with Democrats emphasizing affordability as a key issue. Senators Cory Booker and Chris Van Hollen have proposed tax cuts aimed at easing financial burdens on Americans. Booker's Keep Your Pay Act would exempt the first $37,500 of income from federal taxes, while Van Hollen's Working Americans' Tax Cut Act would eliminate federal income taxes for households earning up to $92,000. Both proposals target the ultra-wealthy to fund these tax cuts, reflecting voters' concerns about rising living costs.
Read at Slate Magazine
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