The tweet was deleted by the author.
But we saved everything 🙂.
Marc Goldwein explains that implementing an Employer Compensation Tax would generate as much revenue as eliminating the tax max. He points out that this approach would require raising the top marginal rate by around 4 percentage points, rather than about 10 points.
Goldwein has previously commented on persistent complexity in the U.S. tax system, noting that some taxpayers continue to exploit loopholes. He has also tracked inflation figures, reporting that both PCE and CPI registered 3.8 percent inflation over the past year. These observations frame his recent proposals on tax policy.