The tax bill that just cleared the Senate contains sweeping changes to nearly every facet of American life.
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Universities play a vital role in promoting economic growth, something the writers of the Republican tax plan have apparently forgotten.
Far from dispelling the notion among Americans that the system is ‘rigged’ against them, Republican tax plans are more likely to make matters worse.
The House just passed its version of the tax plan, which includes about US$1 trillion in cuts for corporations. The question, who will be left holding the potato?
Rather than tinkering with the deduction, Republicans should get rid of it altogether and replace it with something that would actually help more Americans afford a home.
Colleges and universities boast US$547 billion in endowment assets, yet only a handful of elite schools would be taxed under the proposal.
Supply-side economics is the intellectual backbone of the argument that tax cuts for the wealthy will boost business investment, wages and growth. The evidence suggests otherwise.
Taxing inherited wealth doesn’t just generate revenue for the government. It encourages philanthropy.
President Trump recently released his tax plan, but he’s also said he wants to stimulate the economy with infrastructure spending. Is one more effective than the other at boosting growth?
The Trump tax cut will create new investment in America, but at the expense of countries like Australia
Kontributor teratas
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Assistant Professor of Law, University of Chicago
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Associate Professor of Accounting, Boston College
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Glenn Family Chair Emeritus of Economics and Philanthropic Studies, Indiana University
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Part-Time Professor of Economics, The New School
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Professor of Politics, University of California, Santa Cruz
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Lecturer in Public Policy, University of Michigan
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Professor of Public Policy and Public Affairs, UMass Boston
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Venable Professor of Law, University of Baltimore
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Professor of Economics, Head of School, Queensland University of Technology
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Professor of International Business, Griffith University
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Senior Lecturer, UNSW Sydney
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Lecturer in Finance, The University of Queensland
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Executive in Residence, American University School of Public Affairs
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Executive in Residence, Department of Accounting and Taxation, American University Kogod School of Business
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Director of the Center for Human Resource Research, The Ohio State University
