Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy
…tax plans and announced the Mnuchin Rule–that “[a]ny reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for…
…tax plans and announced the Mnuchin Rule–that “[a]ny reductions we have in upper-income taxes will be offset by less deductions so that there will be no absolute tax cut for…
…probably much less so than proponents of repeal would have us believe. Any tax discourages what is taxed, so labor taxes discourage labor and taxes on capital income discourage savings….
…political opposition to significant increases in income taxes is strong, then adding a new VAT on top of existing income taxes is one important option to consider. Let me take…
…taxes, but if you are poor and live where there aren’t enough poor people, tough luck) shifts the burden from rich to poor since the rich will only pay on…
Via Econospeak Barkley Rosser ponders taxes and distribution: Taxes And Income Distribution: The Way It Was And The Way It Is Got invited on to the local TV station today…
Presidents, Taxes and Economic Growth by Mike Kimel One of the never-ending debates in economics is the extent to which taxes affect the economy. Most people are fairly certain that…
by Linda Beale Right-Wing Mythology 101: the myth of the rich fleeing taxes One of the right-wing’s most cherished myths is that highly progressive taxes will kill state revenues, since…
…to inconceivable” cuts to earned benefits programs like Medicare and Social Security would be required, he noted. Id. It’s important that people start talking some sense about taxes since they…
…income taxes or estate taxes, and many other very wealthy people would pay income taxes at a single-digit rate, the elimination of these taxes would apply as well to the…
Well, it looks like they finally did it. Congressional Republicans agreed yesterday on new ways to raise future taxes. They’ve proven quite expert at cutting today’s taxes and paying for…