Democrats Must Forget About Trump and Join the GOP on Tax Reform

For many Americans living on the coasts — or working in Silicon Valley or finance — the recession of 2008-2009 may seem little more than a distant memory. But for many other Americans, the last 10 years have been a lost decade, where the economy stumbled and opportunities declined. They suffered through stagnant paychecks, a lack of steady work and retirement that slipped further away by the day.

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Don’t Pit Full Expensing Against a Lower Corporate Rate

The release of the Big Six tax reform framework has been, as a whole, an encouraging development. From what we know so far, Congress looks set to finally simplify the tax code and reduce taxes, a winning combination that will ease compliance burdens while putting money back in the pockets of middle-class Americans.

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Why America Needs Tax Reform

President Trump has wisely pivoted to tax reform. Success would boost economic growth toward 3% a year, and millions of Americans would see their incomes rise. But discussion of reform’s growth benefits is getting short shrift relative to critics who fail to grasp economic changes.

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Trump’s Tax Proposal: Who Wins, Who Loses?

Re “Sweeping Trump Tax Plan Vague on Details and Cost” (front page, Sept. 28): Low corporate tax rates might seem like a good thing for America’s economy, but too much of a good thing typically carries with it unintended consequences. For example, the last round of Canadian corporate tax reductions (from 22.1 percent to 15 percent) removed in excess of $12 billion yearly from federal tax revenues, materially adding to yearly deficits and overall debt.

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