Monday, December 11, 2017

GOP TAX PLAN - The Republican Regressive Tax Attack on America

"What the GOP tax plan could mean for average taxpayers" PBS NewsHour 12/4/2017

Excerpt

SUMMARY:  The House and Senate are getting to work on reconciling the differences between their tax plans.  How will the provisions proposed by Congress affect middle- and lower-income taxpayers?  Miles O’Brien gets analysis from Lisa Desjardins (NewsHour), Veronique de Rugy of George Mason University, and historian and political analyst Thomas Frank.




"Do tax cuts spur growth?  What we can learn from the Kansas budget crisis" PBS NewsHour 12/7/2017

Excerpt

SUMMARY:  Four years ago, businesses in Kansas went from paying over 6 percent taxes to paying nothing at all, as part of a Republican experiment to boost the limp state economy.  But when the massive drop in tax revenue destabilized the economy lawmakers started slashing the budget and social programs and underfunding schools.  Economics correspondent Paul Solman reports on what happened next.

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