Kansas or California?
As Donald Trump turns to domestic tax reform, he should learn from progressive states like California, where the earned income tax credit and the minimum wage have reduced poverty and inequality, and stimulated demand. These states, unlike the supply-side embarrassment that Kansas has become, are clearly doing something right.
BERKELEY – US President Donald Trump and congressional Republicans have made large tax cuts for top earners a high priority, arguing that such cuts will stimulate economic growth, create jobs, and pay for themselves through increased revenues.