Post-COVID-19 Tax Policy: Keeping Taxes Low to Ensure a Robust Recovery
Tax policy can no longer be pro-growth without also being deficit conscious. Irrespective of current tax rates, growing deficits, and increasingly popular new spending proposals mean that taxes would need to rise in the future, not just for high-income Americans, but also for middle-income wage earners. This is an unacceptable outcome that will dampen economic opportunity and slow down the recovery.
Source: heritage.org