22. Department of the Treasury

Project 2025 link: DEPARTMENT OF THE TREASURY

  • Pg. 697) Many gifts to the already wealthy, including making Trump’s ludicrously high estate and gift tax increase permanent. 
  • (Pg. 697) “Wages vs. Benefits” What does this mean to regular people?
  • (Pg. 698) They favor regressive taxes such as a “consumption tax”, that harm the poor the most, flavors du jour – “a national sales tax, a business transfer tax, a Hall–Rabushka flat tax, or a cash flow tax.”
  • (Pg. 699) As more wealthy tax cheaters are caught, the GOP would like more people at the top, who could conceivably prevent investigations of their friends to be presidential appointees.
  • (Pg. 706) Dismantle Fannie Mae and Freddie Mac. (potential windfall for hedge funds and other investors. GOP pissed that profits go to U.S. Treasury instead of shareholders.) and “right-sizing” Federal Housing Administration and the Government National Mortgage Association 
  • (Pg. 706) They want to privatize the Common Securitization Platform. Assume profit motive.
  • (Pg. 707) “Congress should repeal the Corporate Transparency Act (prevents money laundering and anonymous shell corporations  and FinCEN should withdraw its poorly written and overbroad beneficial ownership reporting rule.” 
  • (Pg. 708) Start a witchhunt for administrators who instituted CRT and DEI initiatives.
  • (Pg. 709) “reverse support for international public- (and private-) based efforts promoting Environmental, Social, and Governance and Principles for Responsible Investment…”