taxes

It’s Responsible for Trump & Harris to Promise the Tax Moon

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“We seem to be having an arms race. It’s emblematic of the complete breakdown of any kind of responsibility about the budget.” Cal-Berkeley economist Alan Auerbach said the latter in a recent Wall Street Journal interview. Auerbach was lamenting what he deems the unhappy fact that presidential candidates Kamala Harris and Donald Trump are persistently one-upping […]

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Red Staters Should Love Trump’s Pro-Growth Revival of SALT Deduction

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It wasn’t long after Donald Trump’s recent proposal to reverse his $10,000 cap on the State and Local Tax deduction (otherwise known as SALT) that critics on his right flank criticized the move. Supposedly past deductibility existed as a subsidy of blue states by red states, plus return of the deduction would allow high-spending

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forbes

The Trump Tax Cuts Were Keynesian, Not Supply Side. Let Them Lapse

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Consumption is once again a consequence of reducing the tax burden on those (the rich) most penalized by taxes. No serious supply-sider would disagree with what’s just been said, which is why it’s more than odd that they near-unanimously are cheering for extension of the 2017 “Tax Cuts and Jobs Act” that, by the admission of those same supply siders, largely reduced the tax burden on middle and poor earners while increasing it on the rich. Let the vastly overrated tax bill die. The economy grew despite it

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