The 2017 tax law gave bigger tax cuts to foreign investors than middle- and working-class Americans in all of the states Trump carried in 2016.
The Portsmouth Bypass represents a broken and deeply cost-ineffective theory of economic development that assumes reducing vehicle travel time—rather than investing in people and places facing economic distress—will unlock economic development.
New reports illustrate the toll that IRS budget cuts have taken on tax enforcement.
Corporate and payroll tax cuts are exceptionally poor solutions to the crisis at hand.
Flying cars will turbocharge sprawl and weaken the social cohesion that comes from shared experiences and geographic proximity that is essential to building consensus in a democracy.
Assisting business liquidity is a crucial part of the policy response to today’s economic crisis. While some business tax measures can be helpful, policymakers must ensure that such measures are well-targeted, temporary, and effective, setting the stage for strengthening the corporate tax in the years ahead.
The Trump administration can enhance U.S. national security by transferring funds from unnecessary programs in the defense budget to other agencies.
Congress must act quickly to provide additional relief, commensurate with the scale of the current public health and economic crises.
Public Health Requires an Extraordinarily Aggressive Economic Response to Coronavirus Immediately—One That’s Larger Than What Many Imagine
The column recommends an immediate package at least the size of the Recovery Act in 2009—around $1 trillion in today’s dollars.
Direct emergency payments are far superior compared to payroll tax cuts.
The rumored elements of the Trump administration’s Tax Cuts 2.0 plan are skewed to people with higher incomes, just like the 2017 tax law.
Infrastructure assets last for decades. It’s important that the federal government make smart investments to maximize the social, economic, and environmental benefits of any infrastructure investment.
The Trump administration’s K-12 education budget eliminates important programs and cuts billions from public schools.
President Trump’s fiscal year 2021 budget proposes large cuts to the Supplemental Nutrition Assistance Program (SNAP), placing additional burdens on families already struggling to make ends meet.
In order to increase tax fairness for workers, the federal government should immediately restore the tax deduction for union dues and make it available for all workers who support their unions, not just those who itemize.