The Two Biggest Lies in Donald Trump’s Tax Plan
The tax plan was always going to be a huge giveaway to corporations. And the individual tax cuts were always heavily tilted to the top.
How to Restore Taxes on Inheritances
With the estate tax further weakened, is it time to pivot to an inheritance tax?
How the Tax Cut Sacks Puerto Rico
For the Puerto Rican economy, already bleeding jobs and citizens after a decade-long recession compounded by Hurricane Maria, the Republican tax overhaul was one more blow.
Accelerating the Death of Real Jobs
The Tax Act adds insidious new incentives to turn more jobs into casual contract work.
Principles for Tax Reform
The 2017 Tax Act not only harmed most Americans, but upstaged true, overdue reforms. Here are some key elements, as themes for both politics and policy.
The Long Game on Taxes
It’s not too soon to start thinking about the tax reforms we need and the strategy for getting there.
What Else Could We Do with $1.9 Trillion?
If we spent that money on infrastructure rather than tax cuts for the rich, we would get better economic performance and more good jobs.
The Tax Act That Lost Its Name
The Senate parliamentarian scotched the Republicans’ plan for a simple bill title.
A Lost Opportunity to Help Small Business
For Main Street small businesses, the benefits of the Tax Act are peanuts. Nearly half of all the savings go to people making over $1 million a year.
Worsening Inequality
The Tax Act worsens inequality both in the tax changes and in the program cuts used to address the resulting deficit.
Massive Spending Cuts: The Tax Act’s Hidden Costs
Republicans rediscovered the peril of the enlarged deficit—as a pretext for gutting social spending.
Denying the Child Tax Credit to Undocumented Children
A little-noticed provision in the Republican tax reform will strip billions in tax benefits from an estimated one million mostly low-income undocumented children residing in the United States.
The Tax Act Actually Promotes Off-Shore Tax Tricks
The Tax Act creates additional incentives to shift income offshore for purposes of tax avoidance, and what is worse, it creates incentives to shift actual jobs.
Penalizing Marriage for the Poor
Incredibly, the Tax Act actually punishes low-income people for getting married.
The Harm to Affordable Housing
By cutting rates for the wealthy, the Tax Act slashes the value of the Low-Income Housing Tax Credit.
The Koch Brothers’ Best Investment
How a $40 million political outlay yields a $500 million tax cut.
Gutting the AMT
Just to be sure that no wealthy taxpayer is left behind, the Tax Act destroys the Alternative Minimum Tax.
How the Tax Act Undercuts Health-Care Reform
Ending the individual mandate will inflate premiums in the Obamacare marketplaces—especially for the middle class.
Why the Tax Act Will Not Boost Investment
Will lower corporate taxes generate an investment boom? The evidence suggests not.
How the Tax Act Embodies the Republican Culture of Corruption
The Tax Act is a Christmas tree of special-interest tax breaks. The only thing more corrupt than the substance was the way it was enacted.
Demonizing the IRS to Protect Tax Evaders
Weakening tax enforcement combined with new complexity invites evasion and massive illicit tax savings for the rich.
Want to Expand the Economy? Tax the Rich!
If Democrats want to win big in November, they must do more than just renounce trickle-down economics. They need to replace it.
The Curse of Stock Buybacks
For the past three decades, the overriding priority of American corporations has been paying their shareholders. That’s just what they’ve done with their tax cut.
Raises and Bonuses: The PR Fraud
Republicans and corporations tried to convince Americans that their employees would be rewarded. But only 4 percent of workers have gotten bonuses or raises.
The Top Ten Fallacies About the New Trump-GOP Tax Act
Like most of Donald Trump’s policy agenda (and the rest of his career and life), the GOP tax cut has been sold on bluster, exaggeration, and outright lies. Here are ten of the biggest myths associated with the 2017 Republican Tax Act.
The Democrats’ Response
Far from giving Republicans bragging rights, the Tax Act presents Democrats with a potent line of attack. But can they stay united when they put forth their own alternatives?
The Emblem of This Era
The Tax Act sums it all up—grotesque favoritism for the rich and a corrupt legislative process. And it’s already backfiring.
Talking Taxes with the Voters
The more people learn about the Tax Act, the less they like it.
The Broad Support for Taxing the Wealthy
Why Democrats should run on rolling back the tax cut and raising taxes on the rich
