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The GOP Tax Package

20 commentaries

Congressional Republicans’ tax plan, most economists agree, will hurt America's poor and middle class while causing the fiscal and external deficits to soar. PS writers examine the plan’s likely impact on the US economy and American politics.

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  1. Making America’s Deficits Great Again
    Donald Trump Saul Loeb/Getty Images

    Making America’s Deficits Great Again

    Jan 15, 2018 Jeffrey Frankel shows that, no matter how one measures it, the Republicans' tax cut will worsen the US trade balance.

  2. Saving America from Trump’s Tax Reform
    Pedestrians look at diamonds in a window display along 5th Avenue Spencer Platt/Getty Images

    Saving America from Trump’s Tax Reform

    Jan 8, 2018 Laura Tyson & Lenny Mendonca lament that the new legislation does nothing to address the US economy's most pressing challenges.

  3. The US Donor Relief Act of 2017
    Donald Trump speaks about the passage of tax reform legislation Saul Loeb/Getty Images

    The US Donor Relief Act of 2017

    Jan 2, 2018 Joseph E. Stiglitz says that the Republicans’ tax legislation will lead to an even more unequal society – and a worse economy.

  4. Another Look at Tax Reform and Economic Growth
    Legislation and regulation books are stacked Chip Somodevilla/Getty Images

    Another Look at Tax Reform and Economic Growth

    Dec 19, 2017 Michael J. Boskin argues that the GOP plan, while far from ideal, will have a significant positive effect on investment.

  5. Robert Barro’s Tax-Reform Advocacy: A Response
    Getty Images anti-tax placards
    Free to read

    Robert Barro’s Tax-Reform Advocacy: A Response

    Dec 15, 2017 Jason Furman & Lawrence H. Summers raise fundamental objections to the economic model used to defend and promote the Republican tax plan.

  6. How US Corporate-Tax Reform Will Boost Growth
    Senate Majority Leader Mitch McConnell Chip Somodevilla/Getty Images

    How US Corporate-Tax Reform Will Boost Growth

    Dec 13, 2017 Robert J. Barro predicts that the Republicans’ final tax package will provide a substantial economic stimulus over ten years.

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    Belarus in the Dock

    Gabija Grigaitė-Daugirdė & Aarif Abraham explain why Lithuania is requesting an International Criminal Court investigation into its neighbor.
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    Where Financial Innovation Meets Sustainable Development

    Jordan Schwartz explains why new instruments must be standardized and integrated into developing countries’ economic policies.
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    No President Can Revive US Manufacturing Employment

    Robert Z. Lawrence explains why there is no going back to the heyday of middle-class factory jobs for low-skilled workers.
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    Is Political Polling Broken?

    Michael A. Bailey urges pollsters to stop thinking in terms of random samples and instead focus on diagnosing non-response bias.
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    Don’t Dismiss the BRICS

    Joschka Fischer thinks it would be a serious mistake for Western strategists to ignore the bloc and what it represents.
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    Can India Become a Developed Economy by Mid-Century?

    Anne O. Krueger urges policymakers to resume key structural reforms and streamline regulations that stifle business activity.
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    Why Many Workers Now Vote Republican

    Eric Posner explains how the failures of neoliberalism came to benefit the traditional party of business.
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    Japan’s Electoral Stalemate

    Takatoshi Ito considers the political and economic implications of the ruling bloc’s loss of its parliamentary majority.

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