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Displaying all articles tagged:
Trump Tax Cuts
Dec. 20, 2017
No, the Media Has Not Been Unfair to the GOP Tax Bill
Nobody forced Republicans to write a tax bill that gives a giant, permanent cut to corporations — and a small, temporary one to the middle class.
By
Eric Levitz
the national interest
Dec. 20, 2017
Trump Boasts He Has Repealed Obamacare, Does Not Understand How Law Works
Promises “something terrific,” which he has somehow failed to reveal.
By
Jonathan Chait
the national interest
Dec. 20, 2017
Republicans Didn’t Reform the Tax Code. They Never Wanted To.
Republicans ruled out writing a bill premised on their own supposed goals.
By
Jonathan Chait
Dec. 20, 2017
6 Reasons for Progressives to Stop Worrying and Love the GOP Tax Scam
Republicans just increased the Democrats’ chances of regaining power — and made it easier for them to expand the welfare state when they do.
By
Eric Levitz
the national interest
Dec. 20, 2017
How the Trump Tax Cuts Solved the Democrats’ Campaign Problem
The congressional party now stands behind Trump’s secrecy and self-enrichment.
By
Jonathan Chait
Dec. 20, 2017
Senate Passes Republican Tax Bill
But because of a procedural screwup, the House will have to vote on the bill a second time.
By
Caroline Bankoff
Dec. 19, 2017
Paul Ryan Tweets Out Highlight Reel of Him Lying About Taxes for 20 Years
Ah, memories.
By
Benjamin Hart
Dec. 19, 2017
House Passes Final Draft of GOP Tax Bill
The legislation is expected to pass the Senate tonight and become law by Christmas.
By
Eric Levitz
the national interest
Dec. 19, 2017
Republicans Say Democrats Secretly Like the Trump Tax Cuts. Uh, No.
“Their hearts are there,” says Ivanka Trump. No, they’re really not.
By
Jonathan Chait
Dec. 18, 2017
The Trump Tax Cuts Just Got Even More Skewed to the Rich
The Senate bill gave 62 percent of its tax cuts to the top 1 percent of income earners. In the final tax bill, their share goes up to 83 percent.
By
Eric Levitz
the national interest
Dec. 17, 2017
America Hates the Republicans, and They Don’t Know Why
A party’s puzzling lack of self-reflection.
By
Jonathan Chait
Dec. 15, 2017
Here’s What’s in the Final Draft of the GOP Tax Bill
Some of the worst provisions in previous bills have been scrapped. Most remain.
By
Eric Levitz
Dec. 14, 2017
Rubio Threatens to Sink Tax Bill If Child Tax Credit Isn’t Expanded
Meanwhile, other Republicans are worried that their bill gives too much to the middle class, and too little to millionaires.
By
Eric Levitz
the national interest
Dec. 14, 2017
Paul Ryan to Go Out in a Blaze of Randian Glory
The Speaker plans one more attack on the lazy takers before he retires or is purged.
By
Jonathan Chait
the national interest
Dec. 13, 2017
Republicans Say Tax Cuts Are Paul Ryan’s Pope
“Is it a Boehner-meeting-the-pope moment?,” a Republican asks about the tax cuts.
By
Jonathan Chait
Dec. 13, 2017
Infamous ‘Grad Student Tax’ Left Out of Final GOP Bill
Republicans have decided against taxing tuition waivers or eliminating the student-loan-interest deduction, according to reports.
By
Eric Levitz
the national interest
Dec. 12, 2017
Republicans Reportedly Add Even Bigger Tax Cut for the Rich
They’re going to cut the top income-tax rate on top of everything else.
By
Jonathan Chait
the national interest
Dec. 12, 2017
Why the Trump Tax Cuts Might Jack Up the Deficit More Than Anybody Expects
The bill is a sieve. What happens if the tax-shelter industry explodes?
By
Jonathan Chait
Dec. 7, 2017
Senate Republicans Made a $300 Billion Mistake in Their Tax Bill
And that may prove costly for Susan Collins.
By
Eric Levitz
the national interest
Dec. 6, 2017
Lobbyists and Tax Lawyers Can’t Believe What a Gift Republicans Have Given Them
“We have a new tool to play with.”
By
Jonathan Chait
the national interest
Dec. 4, 2017
The Republican War on Economics
Even the most liberal Republican denies basic economics.
By
Jonathan Chait
Dec. 4, 2017
Senate Republicans Accidentally Killed Some of Their Donors’ Favorite Tax Breaks
Passing a tax bill that you wrote over lunch — and never actually read — appears to have some downsides.
By
Eric Levitz
the national interest
Dec. 3, 2017
The Trump Tax Cuts for the Rich Must, and Will, Be Repealed
They’re the most easily reversible damage Trump will do in office.
By
Jonathan Chait
the national interest
Dec. 1, 2017
Why Republicans Will Insist the Trump Tax Cuts ‘Worked,’ No Matter What
The Republican budget model is: heads they win, tails you lose.
By
Jonathan Chait
Dec. 1, 2017
Republicans Have the Votes for a TBD Tax Bill
Fifty-one GOP senators have agreed to vote for a tax bill that does not yet exist.
By
Eric Levitz
Dec. 1, 2017
Trump’s Obsession With the Number 20 Imperils the GOP Tax Bill
Republicans could solve all of their tax package’s problems easily — if the president weren’t arbitrarily fixated on a 20 percent corporate tax rate.
By
Eric Levitz
Nov. 30, 2017
Susan Collins Is Sure This Will All End Great for Everyone
McConnell promised Collins that the GOP won’t slash Medicare — and will shore up Obamacare —
if
she votes for tax cuts first.
By
Eric Levitz
the national interest
Nov. 30, 2017
How the GOP’s Contempt for Democracy Will Pass Trump’s Tax Cuts
Paul Ryan has not abandoned his principles to support Trump. He is fulfilling them.
By
Jonathan Chait
Nov. 30, 2017
John McCain Caps Political Career by Declaring Himself a Fraud
The Trump tax cuts are a violation of the senator’s stated principles. He plans to vote for them anyway.
By
Eric Levitz
Nov. 30, 2017
The GOP Keeps Admitting Its Economic Theory Is Incompatible With Democracy
Republicans say that their tax cuts will only work if businesses can be certain that they will never be repealed.
By
Eric Levitz
Nov. 29, 2017
Republicans Have Written the Least Popular Tax Bill in Modern History
It’s the first unpopular tax cut in at least four decades — and is even more hated than the bill that
raised
taxes under Clinton.
By
Eric Levitz
Nov. 29, 2017
There Is No Economic Theory That Justifies the GOP Tax Plan
Even supply-side economists won’t defend the actually-existing Republican bill.
By
Eric Levitz
Nov. 28, 2017
The Trump Tax Cuts Pass in Committee, Head to the Senate Floor
It looks like this thing is gonna pass —
if
Mitch McConnell can keep all of the promises he just made.
By
Eric Levitz
Nov. 28, 2017
The GOP Tax Plan Might Make Sense — If Recessions Didn’t Exist
Republicans are writing a bill that will stimulate the economy in the middle of an expansion — and automatically depress it during a downturn.
By
Eric Levitz
the national interest
Nov. 28, 2017
Obamacare Repeal Failed, But Tax Cuts Will Probably Pass. Here’s Why.
Five reasons that explain why tax cuts are easier.
By
Jonathan Chait
Nov. 27, 2017
This Republican Senator Just Called His Party’s Bluff on Tax Cuts
Republicans say that their tax bill will pay for itself. James Lankford wants his party to put its money where its mouth is.
By
Eric Levitz
Nov. 27, 2017
Here’s How Republicans Plan to Get Their Tax Bill Out of the Senate
Seven Senate Republicans have expressed concerns about the legislation. Mitch McConnell hopes to win them over with these last-minute changes.
By
Eric Levitz
Nov. 24, 2017
The GOP’s Lonely Deficit Hawks Just Might Kill the Trump Tax Cuts
Jeff Flake, Bob Corker, and John McCain know their tax bill isn’t actually deficit neutral. And they might be done playing dumb.
By
Eric Levitz
Nov. 24, 2017
Republicans Want You to Know They’re for Corporations, Not the Middle Class
There’s no other explanation for this newly discovered detail of the Senate’s tax bill.
By
Eric Levitz
the national interest
Nov. 20, 2017
Wall Street Journal
Column Compares Children to Dogs
Is there a word for when your parody of the other side winds up parodying your own side?
By
Jonathan Chait
Nov. 19, 2017
How the Trump Tax Cuts Would Reshape (and/or Break) Our Economy
The GOP’s tax reforms would have major consequences for housing, higher education, and manufacturing — and just might trigger a recession.
By
Eric Levitz
the national interest
Nov. 19, 2017
The Republican Plan Is the Opposite of Tax Reform
There will be infinite new ways for rich people to avoid taxes.
By
Jonathan Chait
the national interest
Nov. 15, 2017
Why Ron Johnson’s Opposition Is a Body Blow for the Trump Tax Cuts
They’ll need to give him either money or spend time negotiating with him. They don’t have either to spare.
By
Jonathan Chait
the national interest
Nov. 15, 2017
How Republicans Gamed Budget Rules to Pass Their Tax Cut
And how Democrats can use the same trick when they get power.
By
Jonathan Chait
Nov. 15, 2017
New GOP Tax-Cut Plan Raises Taxes on Virtually Everyone by 2027
Senate Republicans solved their tax plan’s math problem — by phasing out every tax cut in their bill that doesn’t benefit corporations.
By
Eric Levitz
Nov. 14, 2017
Republicans to Repeal Obamacare’s Individual Mandate in Tax Bill
The GOP plans to reduce the number of Americans with health insurance by 13 million, so as to pay for giant corporate tax cuts.
By
Eric Levitz
Nov. 14, 2017
Republicans Can’t Afford Their Tax-Cut Habit
The GOP needs to slash the cost of its plan. But every time Republicans find a new revenue source, they decide to spend the money on another tax cut.
By
Eric Levitz
Nov. 13, 2017
Trump Argues That GOP Tax Bill Should Do More for the Rich
The president promised that his tax plan wouldn’t help the wealthy. Now, he’s demanding a new tax break for millionaires.
By
Eric Levitz
Nov. 10, 2017
Trump’s Tax Bill Is an Attack on the Most Vulnerable Republicans in Congress
These two charts show why.
By
Eric Levitz
the national interest
Nov. 9, 2017
The Senate Tax Cut Plan Can’t Pass the Senate
This isn’t ’Nam. There are rules.
By
Jonathan Chait
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