Archive for the ‘Tax Policy’ Category

Trump tries to sell his tax plan as an antidote to middle-class wage pressures. Woe betide those who believe him.

September 6th, 2017

The President is jetting off to North Dakota today to sell his farblunget tax plan. This WaPo piece reveals that D Senator Heidi Heitkamp is going with him. As the article puts it: The Democratic senator is expected to face a difficult challenge for reelection next year in a state Trump carried in 2016 by 36 percentage… Read more

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

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

Remember Tax “Reform” (i.e. cuts)?

August 17th, 2017

“Really?! You’re complaining about regressive tax plans, now? Like that’s America’s biggest problem?!?” Yes, I’m writing about ongoing plans for even-more-regressive-than-I-thought tax plans, based on some interesting, new analysis from the Tax Policy Center. And no, that’s not America’s biggest problem. That would be the presidency in crisis. If it wasn’t clear to some from… Read more