Democratic senator and presidential aspirant. Mr Booker unveiled a tax plan that would more than double the tax-free standard deduction to $37,500 for single filers and $75,000 for married couples, alongside higher rates on top earners. Independent scorekeepers put the cost at $5trn-7trn over the next decade, roughly double the cost of Donald Trump's tax effort.
intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.