You might have tuned in to the Oct. 13 Tax Policy Center discussion featuring representatives of each campaign. If you had, you would have seen an absolutely stunning contrast in both style and substance that in many ways mirrored their candidates.
Yesterday’s presentation by Donald Trump's economic adviser, Peter Navarro, at the Tax Policy Center’s discussion of the presidential candidate tax plans reminds one analyst of a passage in George Orwell’s dystopic novel 1984.
Donald Trump may have claimed huge losses starting in the early 1990s. But, like other rich investors, he wouldn’t have paid much tax anyway. Despite paying some tax, Warren Buffett's release of his 2015 tax return affirms that reality.
Clinton has proposed a significant tax increase on high-income households and businesses. Trump's plan, while less ambitious than the version he released in 2015, would still largely benefit high-income households and result in a substantial boost in the federal debt.
Donald Trump believes that cutting taxes on business and high-income households will generate growth. Hillary Clinton believes the answer lies in helping middle-income families by taxing rich individuals and companies. Both are probably wrong.
In 2016, about one-fifth of households will benefit from home ownership-related tax deductions. However, over 85 percent of those in the top 1 percent will enjoy these tax breaks while fewer than one-in-20 in the bottom 40 percent will benefit.
Twenty-four hours in a minivan with one husband, two kids, and a large dog can drive a woman to ... think, a lot, about efficiency and fairness. No, not about which of the adults should do most of the driving. I thought about highway tolls with the E-ZPass system.