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Could The Republican Tax Bill Help Democrats Later?

NPR

Today's Planet Money indicator is zero. Earlier today, a bill transforming America's tax code was approved by congress with zero Democratic votes.

On today's show, we talk with Josh Barro. He points out a problem Democrats have been struggling with for a while: Most Democratic candidates promise not to raise taxes on the middle class, but also want to expand social programs.

Barro argues that, in the long run, the Republican tax bill could help the Democrats solve this problem.

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Copyright 2021 NPR. To see more, visit https://www.npr.org.

Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.
Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.
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