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Series | The Facts on Tax Reform, Part 1


Alexandra Thornton and Seth Hanlon, Center for American Progress Now you can follow Evergreene Digest on Twitter.



August 24, 2017 | In the upcoming tax debate, lobbyists and special-interest groups are pushing for tax cuts for millionaires, billionaires, and corporations, often using misleading claims. This new series sets the record straight and is intended to serve as a resource to the media, policymakers, and members of the public.

Read these user-friendly columns on the major issues surrounding the tax system:

  • The ‘Trump Loophole’ Would Benefit Millionaires, Not Small Businesses

President Trump's and House Republicans' proposed "small-business" tax cut would create a new loophole for millionaires—including Wall Street financiers, lobbyists, lawyers, and wealthy business owners like Trump—while doing little or nothing for real small businesses.
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  • Giving Away Corporate Tax Cuts Is Not How to Make the United States More Competitive

American competitiveness would be better served by ensuring that U.S. corporations pay their fair share of taxes and investing those revenues in education, infrastructure, and other public investments that make America a desirable place to do business.
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  • Trickle-Down Tax Cuts Don’t Create Jobs

Rather than boosting the economy, tax cuts for the rich widen inequality, harm the middle class, and harm the economy in the long run.
Read more »

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