The progressive city is once again paving the way, and strongly rebuking trickle-down economics.
tax policy
Posted inEconomic Policy
Republicans Want to Make Deficit-Busting Tax Cuts Permanent
Real tax reform is hard. So a growing bloc of tax-cut enthusiasts wants to rewrite the rules of the game to secure rate reductions for the rich.
Posted inHealth and Social Policy
Senate Health-Care Bill: Tax Cuts for Rich, Skimpy Coverage for Everyone Else
Instead of moderating the GOP House’s version, the Senate health-care bill doubles down on cuts in coverage and tax cuts for the rich.
Posted inEconomic Policy
Trump’s Big Tax Cut Is Unadulterated Trickle-Down Fundamentalism
In a scramble to put his name on at least one success in his first 100 days, the president relies on an old supply-side standby.
Posted inMoney, Politics, and Power
The Cosmological and Temporal Implications of the GOP Tax Cut in the AHCA
How state-of-the-art physics on the possibility of time flowing backward, rather than a base desire to favor the rich, influenced the retroactive tax cut now in Speaker Ryan’s bill
Posted inEconomic Policy
How the Democrats Can Hijack the Tax Reform Debate
Just in case they want an economic policy, here’s one they can win on.
Posted inEconomic Policy
Three Reasons Trickle-Down Tax Cuts Don’t Work
But they’re a great way of making the rich richer, which is why Trump is proposing them.
Posted inEconomic Policy
Watch Out for Even More Tax Breaks—for the Rich
How we squander resources through the tax code, and how that could get a lot worse in the age of Trump
Posted inEducation in America
Why Subsidizing Teacher Housing with Tax Credits Is Bad Policy
With housing subsidies in limited supply, a California law providing affordable housing to public school teachers could facilitate the transfer of resources away from those most in need.
Posted inMoney, Politics, and Power
How the Real Estate Lobby — and Trump — Got a Huge Tax Break
Amid an economic recession, the industry, with the help of Trump, flexed its political muscle to get a special tax carve-out for wealthy developers.