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 TAP, check out Justin Miller’s takedown of Trump’s designee for Labor Sec’y, Andy Puzder, though his name should be: Zerep Mot (that’s the opposite of Tom Perez, who’s been nothing short of fantastic in this post).]
Finally, Dean Baker and I hold forth on when and why the trade deficit is a problem. Too many economists/policymakers brush trade deficits off as benign. Here’s why that’s a mistake, over at the Atlantic.