meta_pixel
Tapesearch Logo
Log in
What A Day

Democrats Add Tax Cuts To Affordability Agenda

What A Day

What A Day

News, Daily News

4.612.6K Ratings

🗓️ 25 March 2026

⏱️ 24 minutes

🧾️ Download transcript

Summary

Ahead of the midterms, several Democrats are trying to seize on the affordability messaging that has been connecting with voters across the country by talking about lowering taxes. New Jersey Senator Cory Booker and Maryland Senator Chris Van Hollen have introduced separate measures aimed at easing the tax burden on middle- and lower-income people. And Vermont Independent Senator Bernie Sanders and California Democratic Representative Ro Khanna released a plan to raise taxes on billionaires. But critics are raising concerns about what these proposals would mean for government funding moving forward. Maryland Democratic Senator Chris Van Hollen joins the show to discuss his plan.

And in headlines, President Donald Trump sends more mixed messages about the war in Iran, new polling shows the president's approval rating is on the decline, and The Wall Street Journal's March Madness bracket tests whether AI is better than humans at predicting the winning teams.

Show Notes:

Transcript

Click on a timestamp to play from that location

0:00.0

It's Wednesday, March 25th. I'm Jane Koston, and this is what a day.

0:07.9

The show that just wants President Donald Trump to tell us whatever he told Secretary of War

0:12.2

slash little boy, Pete Hegsef. Here's Hegsef on Tuesday.

0:16.0

This is not Iraq and Afghanistan. This is not a president who's interested in vague end states. He's been very

0:21.9

clear with us about what we need to accomplish. If he's been very clear with you about the war

0:26.4

in Iran, could he be clear with us? Maybe. On today's show, new polling shows Trump's approval rating is on the decline.

0:47.7

Shocking.

0:48.7

And the Wall Street Journal's March Madness bracket is AI amazing.

0:52.7

But let's start with taxes, one of the two certainties in life.

0:56.5

A new report published by Fortune Magazine on Tuesday found that Americans pay more than

1:00.3

$140 billion in out-of-pocket expenses and spend more than 11 billion hours just to fill out

1:06.3

their individual tax returns. And that's before they actually, you know, pay their taxes. In 2022, for

1:13.0

example, Americans paid more than $2 trillion in individual income taxes. That's a ton of money.

1:19.5

And at a time when, according to the Guardian, nearly half of Americans think their financial

1:23.4

security is getting worse, not better. And the richest people in America often pay remarkably

1:28.5

little in income taxes. So after decades of Republicans seizing the opportunity to promote lower

1:33.5

taxes to voters, Democrats are getting in on the action and talking lower taxes themselves. New Jersey

1:39.3

Senator Cory Booker and Maryland Senator Chris Van Hollen have put together separate measures

1:43.3

aimed at easing the tax burden on middle and lower income people. Here Senator Booker and Maryland Senator Chris Van Hollen have put together separate measures aimed at easing the tax burden on middle and lower income people. Here's Senator Booker discussing his legislation.

1:49.7

So here's the big idea I want to share with you. No household in America should pay federal

1:54.3

income tax on their first $75,000 of earnings. Keep your money. But here's my issue with this. It sounds incredibly basic to say, but taxes pay for public goods, as in goods that everyone gets to enjoy, from parks to roads to schools.

2:10.4

I had a lot of questions about how taxing rich people to lower taxes on less rich people ensures we have the money we need for the buses, trains, public pools, and traffic lights we all rely on. So I spoke with Maryland Democratic Senator Chris Van Hollen

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from What A Day, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of What A Day and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.