Over at the WaPo: Crazy, I know, but let’s not do another big, wasteful, regressive tax cut. In a similar vein, tax expenditures–credits, exemptions, deductions–are how we spend through the tax code. It’s a pretty hot mess and it’s likely to get hotter in the age of Trump. Over at TAP. [While you’re over at… Read more
This totally cracked me up…pretty brilliant video work, I thought. Next, this is just a beautiful story, beautifully told, of a business student at Georgetown U breaking through the barrier between himself and a janitor at the university. And it happened right here, in the shadow of our terribly divisive, mean-spirited politics. I read this… Read more
A couple of recent WaPo pieces for your entertainment and hopefully edification. This one’s from a talk I just gave on how Obamacare is providing health coverage to a lot more people, holding down budgetary costs, and not, I repeat not, killing any jobs (see nice pictures, compliments of Ben Spielberg). Yes, it needs some… Read more
This has been a terrible few weeks for tax policy. Donald Trump declares himself “smart” for tax avoidance; leaked returns show him to have claimed almost a billion in losses, much of which stems from ways in which the code privileges those selling real estate, which he presumably has used to write off taxes owed… Read more
On taxes, Trump’s big operating losses provide a useful microcosm of how the tax system is rigged, if you can call an almost billion dollar claim against future tax liabilities in 1995 “micro.” On trade, here’s what a “smart, fair” agenda looks like to me.