Speaker Paul Ryan promised the House bill would mean ‘bigger paychecks’ for American workers, but some payments are coming straight from another taxpayer’s pocket.
To bring home a win, the White House and Congress need tax reform. To pass tax reform, they need to ensure middle-class families will meaningfully benefit.
Just like their House colleagues, it seems GOP senators are incapable of putting out a clean and principled bill. Every good idea they present is usually followed by a couple of bad ones.
The focus on the loss of a useful benefit obscures what would be the larger question in a more sweeping tax reform: what does any of this have to do with income taxation?
The assumption that business and workers can only benefit in a tax overhaul at the expense of one another belies real-world experience.
A new poll from West Virginia shows that voter dissatisfaction with the current federal tax code could cost Joe Manchin his Senate seat.
President Trump’s framework will improve life for everyone: It directly benefits the middle-class, encourages economic activity, and reduces the time citizens will spend paying taxes.
The economy is improving, but not at full steam. Is a tax reform boost really possible? Probably not anything truly substantive.
The tax is unconstitutional, illegal, and a lawless usurpation of the people’s direct political power. Notably, this is only a non-exhaustive list of the tax’s legal maladies.
The idea that we must rob from Peter to pay Paul has led to historic levels of taxation in this country and helped stifle economic growth for decades.
The U.S. corporate income tax system is awful and needs to be reformed, but it does not subsidize foreign imports or justify a border-adjusted tax.
By backing away from a border adjustment, Republicans are making a major mistake. This policy will help narrow the trade deficit and fund a tax cut for all domestic businesses.
These two changes would transfer workers’ share of the corporate tax onto American investors, who are so far the disproportionate beneficiaries of globalization.
The FDA recently reported there are minimal health risks associated with smoking two cigars a day. That didn’t stop them from issuing draconian regulations against the American cigar industry.
Every independent study of film tax credits has found they do not create lasting economic development nor come anywhere close to paying for themselves.
The Obama administration’s ‘fair housing’ policies are forcing local governments to tax their people to install homes for people of certain races only, and pushing for gag orders on people who object.
Today is Tax Day, when all of us collectively send our necessary tithe to the church of the almighty bureaucracy, peace be upon them.
There are many winners and losers in any potential restructuring of Puerto Rico, and it’s important to understand who’s advising whom and what their incentives are.
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