Post Profile






Tax Reform: Perfecto?

Ramesh writes: Many Republicans, including Senate majority leader Mitch McConnell and Senator Susan Collins, have suggested that the tax cut will do so much to expand the economy that the new tax code will raise more revenue than the old one. This result is theoretically possible, but it is highly unlikely. It’s hard to disagree. If they wanted to invest (or pay their workers) more, companies already have plenty in the till with which to do so.
read more

share

Related Posts


McConnell turns to antagonist to help pass tax package

US Politics / Liberal : SFGate: Politics

WASHINGTON (AP) — Dealt a setback on taxes, Senate Majority Leader Mitch McConnell was forced to turn to one of his harshest Republican antagonists to pass the most sweeping tax package in more than three decades. Late Thursday, the...

Chuck Todd Grills Sen. Collins: 'Where's The Evidence' Tax Cuts Will Cut Deficit 'It Doesn't Exist'

US Politics / Liberal : Crooks and Liars

NBC's Chuck Todd showed Sen. Susan Collins (R-ME) three studies that prove the Senate tax bill will increase the deficit, yet with no facts, she claimed that economic growth and the confidence fairy would stimulate the economy so mu...

D'OH! Mitch McConnell Killed All Corporate Tax Deductions In His Zeal To Pass Tax Cuts

US Politics / Liberal : Crooks and Liars

You may recall last week's frenetic pace in the Senate as Mitch McConnell labored to bring all of the Republicans he could under the umbrella of tax cuts for the privileged. It seems that in his haste, McConnell managed to axe all o...

Flake’s flawed logic for supporting GOP tax bill

US Politics / Liberal : Matthew Yglesias

Senate Majority Leader Mitch McConnell (R-KY) says Republicans have the votes needed to pass a Senate tax reform bill that would increase the deficit by $1 trillion dollars — a deficit that means the Republican tax cut won’t pay for...

The Tax Cut Is Highly Likely To Reduce Revenue

US Politics / Conservative : NRO: The Corner

Many Republicans, including Senate majority leader Mitch McConnell and Senator Susan Collins, have suggested that the tax cut will do so much to expand the economy that the new tax code will raise more revenue than the old one. This...

Comments


Copyright © 2016 Regator, LLC