Archive for the ‘New Posts’ Category

The non-need for tax cuts: The corporate sector is doing fine; it’s the gov’t sector that’s hurting

August 31st, 2017

Matthew Gardner, from the excellent Institute on Taxation and Economic Policy, made a great point in this NYT article from yesterday (a smart account of the tenuous relationship between corporate tax cuts and investment). Mr. Gardner argued that a broader definition of American competitiveness is needed that includes not only the tax system, but also… Read more

#Fiscal_Friday: Three fiscal points to absorb before you start your weekend

August 25th, 2017

–Deficit neutral vs. revenue neutral: This is really important and while the distinction is straightforward, I’m seeing some confusion out there. The R’s get this and they’re clearly, though subtly, shifting their rhetoric from rev neutrality to deficit neutrality. To pass their tax cuts under budget rules that allow them to evade a Senate filibuster,… Read more

It’s no mystery why Trump is alienating “fellow” Republicans. (Hint: they’re not really “fellows.”)

August 24th, 2017

Trigger warning: I’m stepping outside my econozone for some political commentary (don’t worry; I’ll make it quick). Sorry to do so, but I find this surprisingly naïve. At this late date, a lot of well-placed people still seem to miss President Trump’s sole motivation. I’m talking about these complaints from today’s papers that the President… Read more