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Marc Goldwein: Possible loss of $1 trillion over a decade

Marc Goldwein: Possible loss of $1 trillion over a decade
Possible $1 trillion loss over decade

Marc Goldwein estimated that a situation could result in a loss in the range of $1 trillion over a decade. In his statement, Goldwein indicated he does not have a precise estimate but provided this possible range.

Goldwein previously outlined a proposal to eliminate the tax max and increase annual benefits by $2,400, describing the mechanics of the plan in detail in an earlier statement. He has also suggested that introducing limits to the charitable deduction could generate $100 billion in revenue without reducing overall giving, according to Tax Policy Center data he cited. These positions reflect Goldwein’s ongoing analysis of federal fiscal policy options.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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