In this episode, we try to bore our listeners to death by discussing taxes.
- Plan caps mortgage interest deduction.
- Winners and losers of the Tax Plan.
- Cohen asks CEOs if they plan to increase their company’s capital investments if the GOP’s tax bill passes.
- Distributional consequences of the tax cuts.
- What is the PAYGO law?
- CNN poll: Most Americans oppose Trump’s tax reform plan
- House Voted to Tax Grad Students.
- Dylan Matthews: The Republican tax bill is far, far, far worse than it had to be.
Cardin would exempt the first $100,000 of income for couples from income tax ($50,000 for singles, $75,000 for single parents), meaning that the vast majority of people would no longer pay income taxes. He’d consolidate rates to three — 15, 25, and 28 percent — and cut the corporate tax to 17 percent. That’s a lower top individual rate, and a lower corporate rate, than the Senate is proposing. To pay for it, he’d introduce a value-added tax, the kind of consumption tax used in most other rich countries, and add a rebate so that poor people don’t see their taxes go up.
- Krugman: Tax Foundation has some explaining to do.
- Colm Kelpie: Irish GDP growth at staggering 26.3pc last year, economist says figures are ‘meaningless’
- Ireland’s domestic product is increasing, but the national product is decreasing.
- Updated CBO score of eliminating the Individual Mandate.
Why is this Happening?
- Orrin Hatch outburst over the tax fight.
- Think Progress on Republicans’ false claim that workers will get a $4,000 raise.
- Paul Krugman, Days of Greed and Desperation.
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