The US House of Representatives passed in November the “Tax Cuts and Jobs Act” bill and the Senate followed with its own version shortly after Thanksgiving. Both bills intend to provide comprehensive tax reform and are premised on meeting three objectives: Reduce Taxes on Americans and American businesses in general. Simplify the tax code simple so that most filers can file it as easily as on a postcard. Grow the economy through the underlying economics of job growth through

The US House of Representatives passed in November the “Tax Cuts and Jobs Act” bill and the Senate followed with its own version shortly after Thanksgiving. Both bills purport comprehensive tax reform and are premised on meeting three objectives: Reduce Taxes on the middle class and on Americans and American businesses in general. Make the tax code simple enough so that most filers can file it on a postcard. Grow the economy through the underlying economics of job growth thro

The US House of Representatives passed in November the “Tax Cuts and Jobs Act” bill and the Senate followed with its own version shortly after Thanksgiving. Both bills intend to provide comprehensive tax reform and are premised on meeting three objectives: Reduce taxes on the middle class and on Americans and American businesses in general. Make the tax code simple enough so that most filers can file it on a postcard. Grow the economy through the underlying economics of job g

When talking about Tax Reform it is trite to put forward the ideal, and while this is often good in helping clarify our thinking about the issues and the "what ifs" in a perfect world, we economists often get caught up in that world and mistake it every so often for the real world. We forget our origins that we came from a philosophy of thought that was originally meshed with political reality. So while today we watch as Congress mulls over the prospect of what bill will come