The Republican tax plan reduces government receipts by $1.5 trillion over the next ten years. This is not a bug, it is a feature: it is, after all, a tax cut. But a trillion is a hard number to wrap your head around. Just how big is a trillion and a half? So, here’s a…
The repeal of the Affordable Care Act has gone down to defeat. Democrats are cheering. Trump and Republicans have now failed at everything significant they’ve attempted, except for confirming a single Supreme Court Justice. Trump will now find success with a middle-class tax cut, an effort that will remake the political framework of Washington. Let’s…