Nonilex

#Trump already has the weight of the #ExecutiveBranch behind his efforts to strip funding from top #universities, #deport millions of unauthorized #immigrants & pressure #ForeignGovernments to change their economic policies.

With the sprawling bill that passed through the #House on Thurs, #Republicans are also preparing to enlist the #TaxCode as another tool against Trump’s political foes.

#law #RevengePolitics
https://www.nytimes.com/2025/05/23/us/politics/republicans-taxes-trump-opponents.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=D8897650-C8DC-4320-B385-DFA3B3D729D8

Republicans Harness Tax Code to Punish Trump’s Political Nemeses

Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.

The New York Times
May 23, 2025 at 3:35pmWeb
Show threadNonilexMay 23, 2025

The #legislation, which could change in the #Senate, would raise #taxes on #universities like #Harvard, as well as on #immigrants & on companies based in countries w/taxes the #Trump admin deems unfair. Owners of major #sports franchises, a group Trump repeatedly tried & failed to join, would also see a tax increase.

“If you’re an #ideological friend of Trump,
you’re in generally good shape. If you’re an ideological foe, you pay more,”said William Gale, a co-dir of the Tax Policy Center.

#law

Show threadNonilexMay 23, 2025

The increases, William Gale added, “feel very punitive.”

Those increases would go toward covering some of the cost of what is otherwise a broad #tax cut. But in some cases, the amount of additional revenue the #government would derive is relatively minor, while the effect on those targeted with a tax increase could be significant.

#law #Trump #RevengePolitics #tyranny #dictatorship #AmericanAutocracy

Show threadNonilexMay 23, 2025

[Saying the quiet part out loud] … Representative #JasonSmith, a #Missouri #Republican who leads the Ways and Means Committee, framed the #tax increase not as a matter of fiscal prudence but as a way to “end insane woke ideology.”

#law #Trump #RevengePolitics #tyranny #dictatorship #AmericanAutocracy