Chris Edwards
Tax Reform and Affordable Housing Subsidies
Farm Subsidy Report Reveals Reverse Redistribution
The Environmental Working Group (EWG) has released new data reaffirming the scandal that is federal farm policy. The government pumps out billions of dollars a year in subsidies to farm businesses, and the giveaways mainly benefit the richest farmers.
The EWG found that, “Between 1995 and 2016, the top 10 percent received 77 percent of all ‘covered commodity’ subsidies … The top 1 percent received 26 percent of all subsidies, or $1.7 million per recipient.”
Trump Hits Motorists with Ethanol Costs
Corporate Tax Cuts and Tax Revenues
Veterans Health Failure
Tax Reform Goals
The Trump administration and congressional Republicans are refining their tax reform plan and ramping up their marketing efforts. It is a good plan so far, but comments by some GOP leaders suggest that reforms may veer off-course as more details emerge.
To keep policymakers focused on true reform, the table below summarizes five tax reform goals and the policy changes needed to achieve each.