The White House is bracing for a tax reform fight, with Democrats already on guard for any plan rewarding the rich (US president Trump is denying this will happen: “The rich will not be gaining at all with this plan,” he said on Sept. 13). On the other end of the spectrum (and the country), Silicon Valley congressional representative Ro Khanna is introducing his own plan: a $1.4 trillion tax credit that could move the US closer to something resembling a universal basic income (UBI).
Khanna, whose district includes the headquarters of tech’s biggest companies, co-sponsored the Grow American Incomes […]
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