Columnist.
Most Republicans are rightfully counting on their reduction of the corporate income tax rate to lift stagnant wages. They should also continue to fight for a higher standard of living for all by reforming health care, hence lowering its costs.
Republicans want tax reform, but their refusal to cut spending forces them to look into all sorts of revenue raisers. Some are good, such as eliminating the deductions for state and local taxes.
The good news is that there's a debate in Washington about how to make the tax code less destructive. The bad news is that lawmakers will be able to achieve much less than they otherwise could because of bad policy priorities.
In the quest for a better tax code, it shouldn't be difficult to agree that a tax deduction that mostly benefits rich people and subsidizes high-tax state and local governments must go.
In a town where consensus is rare, an agreement has emerged among Republicans that the main goals of corporate tax reform are economic growth and increased competitiveness.
I have long said that the Department of Commerce should be renamed the Department of Cronyism. First, apart from the Census Bureau and the Patent and Trademark Office, the department mostly functions as a one-stop shop for special interests.
This week, the so-called "Big Six" Republican tax leaders unveiled more of their plan to reform the tax code.
Congress is finally tackling the tax code, which is good news because reform is badly needed.
It was just a matter of time before our ideologically flexible president started making deals across the aisle. The result is a $15 billion Harvey relief package that includes short-term debt ceiling and government funding increases, along with the promise of a messy end-of-year negotiation process.
Americans are witnessing the power of private individuals and businesses to solve pressing problems stemming from Hurricane Harvey.
Treasury Secretary Steven Mnuchin claims he has been using his "superpowers" to keep the federal government from defaulting on its debt since April, when the federal debt hit the debt ceiling.
Despite the breadth of the current political divide, it appears that there is at least one thing that all politicians can agree upon: energy sector cronyism. The only real dispute is over the preferred beneficiaries.
Another debt ceiling fight is just around the corner. And the fiscal status quo is absolutely unacceptable.
Despite a mountain of historical evidence that the Republican Party doesn't seriously stand for smaller government and individual liberty, I maintained some hope that this time would be different.
When it comes to identifying the worst government agency, it's hard to pick just one. It's equally hard not to immediately think of the Consumer Financial Protection Bureau.
For many years now, a multitude of politicians have made lofty promises, fudged the truth and denied a variety of allegations. Sadly, this seems to have become the norm.
Consumers have benefited for decades from the presence of Open Skies agreements that lessen government interference in the market for international air travel.
This week, we not only celebrate our country's independence from the British but also celebrate the second anniversary of our freedom from the Export-Import Bank.
Much of the difficulty Republicans are experiencing in passing tax reform is self-inflicted. They've fallen into a trap of the Left by trying to ensure that the much-needed reforms to our outdated and punitive tax code are "revenue-neutral" — meaning the government continues to take just as much out of the economy in taxes going forward.
