I don’t think you need a crystal ball to predict that whoever runs for president in 2016 will have some sort of tax cut at the heart of their platform, probably targeted at the middle class, and I’m talking both D’s and R’s. It will likely be pitched as a response to middle-class wage and… Read more
Back in my White House daze, while helping out with an economics speech to be given by a top senior official, I suggested a sentence that had the word “distribution” in it in the context of income or tax policy or something. Not even “redistribution.” Needless to say, editors went ballistic—they didn’t just cross it out,… Read more
That’s the Room for Debate question over at the NYT. I weigh in here riffing off of the recent 529 screw-up. Despite the fact that CATO economist Jeff Miron and I wind up in diametrically opposed camps–I think the code should be more progressive (though I argue there’s no “middle-class exemption,” where “middle class” means almost… Read more
IE, it should go up so we can go after the tax gap (taxes owed – taxes paid), as proposed by President Obama in his new budget. I tout some recent work by CBPPs Chuck Marr on this point over at PostEverything.
…and here are some tasty items to get you started: My man Bob Greenstein holds forth here. I take an angle I haven’t seen elsewhere here, though I explicitly admit that I may be nuts. My other man, Paul Van de Water, points out in a tweet some hawkish commentators are neglecting the progress that’s… Read more