President Obama CUTS taxes for 98% of Americans

An outfit styling itself Citizens for Tax Justice claims that “the major tax cuts enacted in the 2009 economic stimulus bill actually reduced federal income taxes for tax year 2009 for 98 percent of all working families and individuals.” CTJ acknowledges that this flies in the face of popular opinion, noting that ”53 percent of those [...]

Economy and Tax Reductions: Where’s Laffer

Are tax cuts always a good thing?   At some point, no!  Bruce Bartlett, a Reaganite looks at the tax cut issue, and has some surprising conclusions (well, surprising to be highlighted here on Federal Review). Many of my friends believe I have abandoned supply side economics and become a Keynesian. (Among conservatives there are few [...]