Amount of the theft: An average income widow can lose a quarter of a million dollars!
Amount of the theft: An average income widow can lose a quarter of a million dollars!
Both the Senate and House Republicans have now spoken about their preferred tax reforms. The differences between them are relatively minor.
The GOP tax plan should do three things. It should expand the economy while raising wages. It should pay for itself. And it should be fair.
Former Treasury Secretary Lawrence Summers wrote an op ed for the Washington Post on October 8 calling the Trump Administration’s tax plan “an atrocity.”
The just-announced Republican tax plan is essentially the House “Better Way” plan proposed in June 2016. The business part of the tax reform transforms our corporate tax into a business cash flow tax (BCFT) by moving to full expensing and restricting interest deductibility.
I just visited my mother. She’s 97. The trip over was short: She’s in an assisted-living facility right across the street.