The big, bad Republican bill wasn't regressive enough for the anti-tax crusaders

Grover Norquist’s Americans for Tax Reform and other conservative groups want to index capital gains to inflation.

Frida Ghitis: Congress just passed a megabill whose benefits are deeply skewed in favor of the wealthy.

She says the bill will at least $3.3 trillion to the national debt—more like $5 trillion if expiring provisions are extended in the coming years .

Anti-taxers want to have it both ways: Indexing gains to inflation would allow investors to borrow against their holdings at single-digit interest rates and live off those loans instead of selling assets and paying a double-digit tax.

As of January 2024 , 93 percent of US stock holdings were owned by the most affluent 10 percent of the population.