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.
tax policy
Posted inMoney, Politics, and Power
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.
Posted inMoney, Politics, and Power
Gutting the AMT
Just to be sure that no wealthy taxpayer is left behind, the Tax Act destroys the Alternative Minimum Tax.
Posted inMoney, Politics, and Power
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.
Posted inMoney, Politics, and Power
The Tax Act That Lost Its Name
The Senate parliamentarian scotched the Republicans’ plan for a simple bill title.Â
Posted inMoney, Politics, and Power
The Koch Brothers’ Best Investment
How a $40 million political outlay yields a $500 million tax cut.
Posted inMoney, Politics, and Power
How to Restore Taxes on Inheritances
With the estate tax further weakened, is it time to pivot to an inheritance tax?
Posted inMoney, Politics, and Power
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.
Posted inMoney, Politics, and Power
Why the Tax Act Will Not Boost Investment
Will lower corporate taxes generate an investment boom? The evidence suggests not.
Posted inMoney, Politics, and Power
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.
