President Trump told a whopper about his tax plan this month. But it’s not the one that everyone is focusing on. In an interview with the Economist, Trump said his expensive proposal to cut taxes was akin to “priming the pump,” a phrase he declared he’d invented just a few days earlier. Lots of commenters, […]
Workers who really do support our troops are getting their wages slashed
Government officials often pay lip service to “supporting our troops.” But some of the people who literally do that vital work have just been badly shortchanged. For at least the third time in two years, the National Guard Bureau has awarded a contract for military family services to a lowball bidder. For the third time, […]
Workers who really do support our troops are getting their wages slashed
Government officials often pay lip service to “supporting our troops.” But some of the people who literally do that vital work have just been badly shortchanged. For at least the third time in two years, the National Guard Bureau has awarded a contract for military family services to a lowball bidder. For the third time, […]
Trump’s gift to Americans: making it easier to cheat on their taxes
President Trump is finally doing something practical to help his fellow Americans: He’s making it easier for them to cheat on their taxes. Especially those who – like Trump – happen to be super rich. The Trump administration wants to lop off another 14.1 percent from the Internal Revenue Service’s budget, according to a […]
The Trump White House is already cooking the books
Almost exactly a year ago, I suggested a rule of thumb for evaluating candidates’ economic agendas: The more growth a politician promises, the worse his or her economic plan probably is. Why? Because it suggests they had to make extra-rosy assumptions to get their math to work. Supercharged growth implies higher tax revenue, as […]
Republicans to predatory companies: Grab as much as you can
The White House may be in chaos. But at least Congress is addressing the issue Americans care about most: making it easier for the finance industry to rip them off. Last week, Jeb Hensarling (R-Tex.), chairman of the House Financial Services Committee, circulated an outline of his latest plan to repeal Dodd-Frank. Dodd-Frank, you may […]