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Jacqui Lambie tries a third mad tax plan, when she really should be cutting spending

Jacqui Lambie’s latest brainwave, in a nutshell: Who’s been whispering in Lambie’s…

“Family Fairness Tax Reform” is Hard on Poor Families

Senators Mike Lee (R-UT) and Marco Rubio (R-FL) made a big splash with their “Economic Growth and Family Fairness Tax Plan” last month, which among other things would create a new partially refundable $2,500 per child tax credit (CTC). ...Show More Summary

Please Don't Mail Your Tax Returns to the Tax Foundation

Someone mailed us their tax returns and documents today. We quickly sent it back to that individual, as we neither process tax returns nor assist individuals with tax planning or preparation. Tax documents contain a lot of private information...Show More Summary

Shikha Dalmia and Troubling Questions

Shikha Dalmia has in the past written factually inaccurate criticisms of the “reform conservative” movement and the Lee-Rubio tax plan, and I have pointed out the inaccuracies. She has come back with a nearly-2400-word essay at Reason’s website accusing me of “nitpicking” her and evading the deeply important issues that she and others have raised. Show More Summary

'Tax Cuts Still Don’t Pay for Themselves'

I get tired of saying that tax cuts don't pay for themselves, so I'll turn it over to Josh Barro: Tax Cuts Still Don’t Pay for Themselves: Last week, I wrote about the new tax plan from Senator Marco Rubio...

Rubio-Lee Tax Plan Grows the Economy by 15 Percent and Lifts Incomes across the Board

Senators Marco Rubio (R-FL) and Mike Lee (R-UT) released their plan to reform the federal tax code last week. The proposal would overhaul both the individual and corporate tax codes, provide a significant boost to the economy, lift incomes...Show More Summary

Marco Rubio and Mike Lee's Tax Plan Is a Setback for Tax Reform

Marco Rubio and Mike Lee’s long awaited tax plan, which the senators released two weeks ago, hits many traditional conservative goals like eliminating capital gains taxes, consolidating

For Marco Rubio & Mike Lee, "Family Fairness" is Just Another Name for Buying Votes

2 weeks agoNews : Reason

Sens. Marco Rubio (R-Fla.) and Mike Lee (R-Utah) have put out a tax plan which promotes economic growth and "family fairness." The plan's centerpiece is a massive increase to the child tax credit that doesn't phase-out at higher-income levels. Show More Summary

Lee-Rubio and the Upper Middle Class

Shikha Dalmia takes more shots at the Lee-Rubio tax plan in her latest column for The Week. This column is more accurate than the previous one touching on the subject. It is still careless, though. She mixes up the child tax credit that...Show More Summary

I’m beginning to suspect that Matt O’Brien isn’t omniscient.

The Ezra Kleinless wonkblog remains excellent. In particular Matt O’Brien is about as young, smart, witty, and hard working as Klein. However, I think he may not have read everything. He notes that the allegedly reformicon tax plan includes the Bush tax cuts for the rich on steroids. Then he reviews recent, but only recent, […]

The new Republican tax plan is just the Bush tax cuts on steroids

A specter is haunting the Republican Party—the specter of Ronald Reagan. Ever since his two landslide victories, conservatives have treated it as received wisdom that cutting taxes as much as possible is the onefold path to economic and political nirvana. Well, make that cutting the top tax rate as much as possible. The idea, known as […]

“Regressive, unaffordable, or both”: Why the GOP’s “reformicon” tax plan is a plutocratic con

Marco Rubio says his tax plan has new ideas for the GOP. Here's why policy expert Eric Bernstein is calling BS

Re: Some Thoughts about the Lee-Rubio Tax Plan

I share one of Veronique de Rugy’s  concerns about the plan: If not modified or coupled with serious spending restraint, it would increase the federal debt quite a bit. I disagree, though, with her two arguments against the plan’s enlargement...Show More Summary

Some Thoughts about the Rubio-Lee Tax Plan

Senators Marco Rubio and Mike Lee have proposed a major tax-reform plan that would eliminate some of the most punitive features of the tax code. The plan, called the “Economic Growth and Family Fairness Tax Reform Plan,” would dramatically...Show More Summary

What Does 15 Percent Growth Look Like?

Senators Marco Rubio (R-FL) and Mike Lee (R-UT) recently released their tax plan. This plan would lower the tax rate for all businesses to 25 percent, it would integrate the corporate and individual income tax, move to full expensing for capital investments, and enact a territorial tax system. Show More Summary

Competing Tax Plans Advance in Mississippi

States tend to engage in tax competition, and now Mississippi is proving that elected officials do too, with three separate tax relief packages circulating in the Magnolia State. Governor Phil Bryant (R) kicked things off last year when...Show More Summary

Midday open thread: Employers rip off farmworkers, solar-powered plane heads around the globe

Today's comic by Tom Tomorrow is The case of Partisan Hackery v. Obvious Intent: What you may have missed on Sunday Kos... Rubio-Lee tax plan means more debt and greater income inequality, by Jon Perr Immigration reform—now it's personal,...Show More Summary

An Anecdotal Note on Rubio's Tax Plan

Marco Rubio’s tax plan is doing the rounds. Here’s a brief summary from the Washington Post: Under the Lee-Rubio plan, the seven current tax brackets would be condensed to just two — 15 percent for people earning up to $75,000 or married couples earning up to $150,000, and 35 percent for higher-income earners. Show More Summary

NC House tries to blunt Senate's punishing tax plan

2 weeks agoUS Politics / Liberal : BlueNC

Doing what's right shouldn't be this difficult: First they quietly decided to keep the tax break for homeowners whose banks cut their debts. The legislature's staff thinks this pulls $14 million out of state revenues. Then a Republican on the House floor persuaded most to keep the tax break for the charitable donations. Show More Summary

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