Tax Politics
The Politics of Taxes
George Will, Don Boudreaux, and John D. Rockfeller
In this morning's Washington Post, George Will penned a column proclaiming, "[G]ood news: You are as rich as John D. Rockefeller. Richer, actually." Will drew inspiration for his column from my good friend Don Boudreaux, who is an economist at economist at George...
ACHA Tax Analysis: List of Taxes Repealed
Americans For Tax Reform put together their usual compilation of taxes affecting a piece of legislation. They have been following the crushing Obamacare taxes for years; now they have a list of taxes that are abolished by the ACHA bill passed on Thursday, along with...
Michael Cannon on the AHCA
With the narrow passage of the GOP Healthcare bill this week, Michael Cannon wrote his critique of the legislation (GOP Healthcare Bill Is Not Repeal — It Is ObamaCare-lite, or Worse, May 4, 2017). Cannon is considered one of the foremost experts on Obamacare over the...
WSJ: Trump’s Broad Tax Cut Plan
From the WSJ: "With Wednesday’s proposals—which include a 15% tax rate for all businesses, lower individual rates, a bigger standard deduction to benefit middle-income households and the repeal of the estate and alternative minimum taxes—Mr. Trump hopes to speed up...
Trump’s Obamacare Tax Reforms Should Not Be Considered a Tax Cut
I'm sick and tired of reading over and over again in places both liberal and conservative that Trump’s (as well as the Republican’s) proposed tax reforms are going to give the lion’s share of the cuts to the top 1%. The entire concept is totally distorted. In fact,...
What Trumps Tax Returns Really Tell Us About His Rate
The clearest example yet of Media abuse of Donald Trump has surfaced in connection with the recently released excerpts from Pres. Trump’s 2005 federal income tax return. The return shows clearly and unambiguously that he paid an effective federal tax rate of 78.2%....