Republicans have been dismissive of claims – including CBO projections – that the tax plan winding its way through Congress will increase the national debt by an estimated 1.5 trillion dollars. Other estimates put the cost of the tax cuts at 2.3 trillion dollars if they are extended. Whatever the actual amount that the tax … More Reduce Taxes…Increase Debt
The Trump Tax Plan is gaining steam and momentum even as natural disasters and the horrific events of this weekend in Las Vegas have changed the national dialogue. Here are three things you need to be watching on taxes: Growth Projections and Deficit – In addition to the disastrous outcome of the Kansas/Brownback tax cut … More 3 Things You Need to Know About Trump’s Tax Plan
Recently fired adviser to the President Steve Bannon likes it when progressives talk about racism because it distracts them from Trump’s core message of economic, nationalistic populism. “I want them to talk about racism every day,” Bannon told The American Prospect earlier this week. “If the left is focused on race and identity, and we go … More Racism and Tax Inequality?
With the House and Senate set to take up tax reform with Donald Trump’s White House this fall, the story of Kansas and their dramatic experiment in supply-side tax policy needs to be told and understood. Those who claim that reducing taxes will create economic growth need to be able to answer the following question: … More Kansas is Very Important
Republican tax reform advocates and the Trump White House have taken note of the mistakes made during the hapless Obamacare repeal effort that culminated in failure in the Senate. One of the biggest mistakes Republicans made was an inability to make the case to the broader population that their replacement was going to be in … More Tax Propaganda
With TrumpCare flopping like a dying fish in the bottom of a boat, the Trump administration and Congress are trying to turn the page and prepare for the next legislative challenge: taxes. It’s important to note that the Republican leadership and President Trump are occasionally conflating the terms tax reform and tax cuts. While tax … More 3 Things to Watch on Tax Reform