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Ernie Tedeschi writes: As a followup to my post earlier this morning, I’ve created a table below detailing how each policy in the TCJA affects the number of parental families in 2027 seeing a tax hike. Using refined policy parameters that have been added to the OSPC model since yesterday, I find that under the TCJA […]

Here’s is a PBS commentary by law professor Ekow Yankah: That Kroger, the Midwestern grocery chain, has decided to make the heroin overdose drug naloxone available without a prescription is a sign of how ominous the current epidemic has grown. Faced with a rising wave of addiction, misery, crime and death, our nation has linked […]

by Hale Stewart (originally published at Bonddad blog) John Hinderaker Renews His “Tax Cuts Pay For Themselves With Growth” Nonsense It’s been awhile since John “Everything I wrote about economics for an entire year was wrong” Hinderaker has written about economics.  The respite has been glorious.  But now that Republicans in the House have passed […]

No, We Won’t See a Torrent of Investment From the Tax Bill One of the arguments that Republicans are using to support their tax bill is that it will unleash investment.  The data says otherwise.  Currently, most US economic sectors are operating far below maximum capacity utilization. As the debate on tax policy and its […]

Ernie Tedeschi as linked by Paul Krugman points to an interesting author. The math is in follow up post.: Many parents face higher taxes under TCJA, even if Congress makes its credits permanent This quick post looks at the effects of the Tax Cut and Jobs Act (TCJA, the House GOP’s proposed tax plan introduced […]

ARAMCO CEO Is Delusional Financial Times reported yesterday that Amin Nasser, the CEO of the Arabian American Oil Company (ARAMCO, currently 100% owned by the Saudi government, although originally founded by four former US oil company majors), has declared that investors should feel pleased that Crown Prince Muhammed bin Salman has arrested and purged over […]

The NY Times has an op ed entitled Can My Children Be Friends with White People?. (Dan here …Link corrected) I think this is the most interesting excerpt: …I will teach my boys to have profound doubts that friendship with white people is possible. When they ask, I will teach my sons that their beautiful […]

Via Washington Post on Progressive policies Of the many things that are terribly wrong with our current tax debate, one primary offender is the notion that tax cuts will unleash massive growth effects. If facts could kill this mythology, it would be long dead. … …but a great, new paper just landed on my desk that takes […]