John Komlos Argues Ronald Reagan's 1981 Tax Cut Led To Trumpism
His most depressing observation is that we may be stuck in a downward spiral.
Why Officials Should Resist the Impulse to Give Amazon Big Tax Breaks
by Elizabeth Tandy Shermer
Instead, they should invest in education.
Incomes Grew After Past Tax Cuts Like Reagan's, but Guess Whose
Reagan’s tax cuts helped the richest Americans, those in the highest 1 percent of the income distribution.
SOURCE: The Conversation
Will Americans finally start fighting back against tax cuts for the rich?
by Stephanie Leiser
There are signs that non-rich Americans are growing less tolerant of tax cuts that mainly boost the wealthy’s bottom line.
CNN’s Don Lemon calls out GOP for ‘sycophantic’ tax bill celebration
Historian Tim Naftali says that he hasn’t seen “this kind of sycophancy” since listening to the Nixon tapes in which former U.S. Secretary of State Henry Kissinger told President Richard Nixon “what a remarkable human being he is.”
SOURCE: The Atlantic
Blowing Up the Deficit Is Part of the Plan
by Julian E. Zelizer
Republicans are hoping to use the deficits created by their own tax cuts to slash the social safety net—but they may end up setting the stage for tax hikes instead.
Historians on the tax fight: “This was manufactured urgency”
“This is tax reform on the fast and cheap.”
SOURCE: Inside Higher ED
Apparent Relief for Grad Students
Reports indicate congressional negotiators have dropped repeal of tax-exempt tuition waivers for graduate students and other provisions affecting higher ed from final tax-reform bill.
SOURCE: Star Tribune
A history lesson: Do tax cuts pay for themselves?
The chairman of the House Financial Services Committee relied on the past when the present offers little support for his view.
SOURCE: Moyers & Company
The Republican Tax Bill Is a Poison Pill That Kills the New Deal
by Heather Cox Richardson
Today’s Republicans would have fit right into Herbert Hoover’s administration.
Tax Plan Aims to Slay a Reagan Target: The Government Beast
By denying deductions for state and local taxes, the Republicans seek to force high-tax states run by Democrats to capitulate.
SOURCE: The Washington Post
I’m a Depression historian. The GOP tax bill is straight out of 1929.
by Robert S. McElvaine
Republicans are again sprinting toward an economic cliff.
Trump’s Another in a Long Line of Fiscally Irresponsible Republican Presidents
by Ivan Eland
Before we pass tax cuts, we should lower the deficit.
SOURCE: The Washington Post
How the GOP uses ‘family values’ to slash taxes
by Molly Michelmore
They're less concerned with morals than with wealth.
Trump's tax cut won't be the biggest in U.S. history
Trump would be on target if he were talking only about corporate taxes, but he has included other taxes in his boast.
Fact Check: Trump vs. Grassley on tax cuts in history
President Donald Trump is going around mischaracterizing his tax plan as the largest tax cut in U.S. history and a Republican senator is calling him out on it.
Julian Zelizer: America Lives Under the Shadow of George W. Bush
Julian Zelizer is a professor of history and public affairs at Princeton University. He is the author of "Jimmy Carter" and of "Governing America."Although some Democrats are pleased that taxes will now go up on the wealthiest Americans, the recent deal to avert the fiscal cliff entrenches, rather than dismantles, one of Bush's signature legacies -- income tax cuts. Ninety-nine percent of American households were protected from tax increases, aside from the expiration of the reduced rate for the payroll tax.In the final deal, Congress and President Barack Obama agreed to preserve most of the Bush tax cuts, including exemptions on the estate tax.When Bush started his term in 2001, many of his critics dismissed him as a lightweight, the son of a former president who won office as result of his family's political fortune and a controversial decision by the Supreme Court on the 2000 election.
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