Understanding tax reform, debt and the economy
Understanding tax reform, debt and the economy
Last month the White House released guidance on how it would like to reform the federal tax code, and since then reviews have been predictably mixed. Often these evaluations have fallen squarely along party lines, which can make it difficult to form an objective opinion. To make things a little…
The Philadelphia Inquirer
The Philadelphia Inquirer
Rather than capping tax revenue, the government should reform the system
Rather than capping tax revenue, the government should reform the system
As the government pulls together the May budget, Finance Minister Mathias Cormann is aiming to cap tax revenue at 23.9% of GDP. At best, this is an arbitrary cap. More importantly, it distracts from real tax reform, which could increase national productivity and income.
The Conversation
The Conversation
Duterte Tax Plan Delayed as Lawmakers Worry About Backlash
Duterte Tax Plan Delayed as Lawmakers Worry About Backlash
President Rodrigo Duterte’s plan to raise taxes to help fund a $180 billion infrastructure program in the Philippines faces significant delays as lawmakers worry about a backlash from voters.
Bloomberg
Bloomberg
Many firms have been hesitant to spend their cash. Would tax reform change that?
WASHINGTON _ The sweeping tax overhaul plans from President Donald Trump and House Republicans attempt to address an enduring mystery of the economic recovery: Why are U.S. businesses, flush with cash, so unwilling to spend it?
Los Angeles Times
Los Angeles Times
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‘Political victory’: White House welcomes Infosys move to hire 10,000 Americans
The announcement by Infosys was a result of the US government’s “pro-growth economic agenda”, says the Trump administration, which has accused outsourcing firms...
Hindustan Times
Hindustan Times
Pat Toomey: Trump tax plan sets stage for growth
The Trump administration's tax plan includes reforms that are just what we need to jump-start our economy, generate growth and income gains, and fulfill a major campaign promise.
Tribune News Service
Tribune News Service