Kevin McCarthy and Republicans have been staunch in risking global default by demanding the government cut social services and make working people’s lives harder. On Friday, as Republicans continue to drag their feet on allowing the government to raise the debt limit, McCarthy tweeted another of his stubborn aphorisms:
And indeed, Washington could spend less. For instance, America’s 2024 proposed military budget is some $842 billion—$100 billion more than 2022, and $26 billion more than 2023. But if America isn’t ready to confront its inflated military budget yet, there is one very easy solution, as Representative Alexandria Ocasio-Cortez noted:
The most outlandishly rich have long benefited from tax breaks and loopholes that maintain and even expand such vulgar levels of wealth. But twice-impeached, criminally indicted, and liable for sexual abuse former President Donald Trump’s 2017 tax bill opened up those channels more. It brought such wild provisions, including allowing the full price of private jets to be deducted in the first year.
A poignant example of how this came into practice is in the tale of longtime Republican donor Mori Hosseini, who made his fortune as a homebuilder in Florida. After spending $19.5 million on a private jet in 2017, he netted nearly $8 million in tax savings immediately, ProPublica reports. And that was just to start out with.
Soon enough, Hosseini, a close advisor to Ron DeSantis, taxied the governor and his family around like a friend giving another a ride. In 2019, ProPublic notes, Hosseini’s jet carried DeSantis’s wife Casey from Tallahassee to Jacksonville for a fundraiser hosted by—and this is not made up—a defense contractor.