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GOP Tax Plan: Hardly “Reform,” But Tax Cuts “Cost” Nothing

GOP Tax Plan: Hardly “Reform,” But Tax Cuts “Cost” Nothing

by Thomas L. Knapp . The Trump administration and congressional Republicans released their grandiosely titled “Unified Framework for Fixing Our Broken Tax Code” on September 27. The plan looks a lot more like a grab bag designed by lobbyists than like any kind of carefully considered plan for “tax reform.”   It’s full of smoke […]

The GOP Is Already Laying The Groundwork To Cave On Tax Reform

The GOP Is Already Laying The Groundwork To Cave On Tax Reform

A summary of the Republican tax reform framework, released Wednesday by the White House, explicitly addresses the possibility of an increased individual tax rate for the highest earners, above the 35 percent that GOP leadership has promoted in recent weeks. A white paper summarizing the proposed legislation touts tax code simplification via the collapse of […]

The Third 100 Days (Trump Briefs:  Sept. 9-15/Day 233-239) Week 34

The Third 100 Days (Trump Briefs:  Sept. 9-15/Day 233-239) Week 34

By Michael Hernandez   Saturday, Sept. 9 (Day 233): President meets at Camp David with cabinet members President Donald Trump met with cabinet members in Camp David to discuss the administration’s progress and challenges facing the United States including the threat posed by hurricanes. At the top of the meeting, he urged Americans in the […]

Trump Faces Difficult Task of Corralling Divided GOP on Tax Reform

Trump Faces Difficult Task of Corralling Divided GOP on Tax Reform

The White House claims it is making progress on tax reform and could roll out part of its plan next week, but the president’s increasingly contentious relationship with lawmakers on the Hill has put a pall over the effort’s progress. President Donald Trump has been using Twitter to blast Senate Majority Leader Mitch McConnell and […]

Tax Reform: Two Places to Start

Tax Reform: Two Places to Start

. By Thomas L. Knapp An anonymous announcement of a forthcoming public announcement: On April 26, an anonymous White House source says, the Trump administration “will outline our broad principles and priorities …. We are moving forward on comprehensive tax reform that cuts tax rates for individuals, simplifies our overly-complicated system and creates jobs by […]