On Tuesday night, President Trump spent a good portion of his first State of the Union address boasting about the economy. He talked about the stock market, which is on an unprecedented nine-year run; he talked about low unemployment, which sits near a historic low; and he talked about wages, which are starting to rise

#BreakUpAmazon

This morning Amazon announced its planned purchase of Whole Foods for $13.7 billion – a 27 percent premium over its share price at the close of business Thursday. To Americans who have made Amazon America’s most reputable company three years running, this may sound like good news, but we here at the Roosevelt Institute are

We live in an increasingly post-cash world, but cashless comes at a cost. Merchants – the stores we rely on for everything from groceries to oil changes – pay more than $50 billion in fees to the credit card companies that finance consumer purchases. As a result, merchants have a considerable incentive to persuade customers

We are gathered here today in remembrance of the Kansas state tax cuts, which expired on Wednesday, after a protracted fight between the Kansas state legislature and Republican Governor Sam Brownback. Though its life was short, the Kansas tax cuts — “the cuts,” to friends — left a strong impression and will not soon be forgotten. The cuts came roaring

Last Monday, Democratic Senate leadership expressed their concerns over the president’s recent tax cut proposal in a joint letter to Treasury Secretary Steve Mnuchin and Office and Management and Budget Director Mick Mulvaney. Their letter correctly criticized the plan’s lopsided benefit to the top 1 percent and pointed out the threat it would pose to

On Wednesday, CEA Chair Gary Cohn and Treasury Secretary Steve Mnuchin unveiled their fourth attempt at a major tax reform plan, and it is really, really bad. So bad that even the conservative folks over at the Tax Foundation—generally fans of all things tax cut—think it’s a bad idea. The plan would represent a massive boon to the

Well, 4/20 came and went, and it seems we have evidence that at least one member of the Trump administration celebrated the holiday. That’s the innocent explanation, anyway. Last week, during remarks at an event hosted by the Institute of International Finance, Treasury Secretary Steven Mnuchin tacked yet another indefensible, empty promise onto the administration’s

Earlier this week I responded to a blog post by Tim Worstall, who took some belated shots at the tax paper I wrote with Marshall Steinbaum. Yesterday, I was thrilled to see his response to my response up at Forbes. I have some responses of my own, but for starters, I would like to address the following:

In a recent column at Forbes, Tim Worstall took aim at a Salon summary of a Roosevelt Institute paper that I wrote with my esteemed colleague, Marshall Steinbaum. In the piece, Worstall dismisses our points without considering them; he eschews recent evidence and careful analysis of the economic impact (or lack thereof) of corporate tax

With the shocking NBA Finals rematch between the Golden State Warriors and Cleveland Cavaliers behind us, we have an opportunity to step back and consider some of the broader lessons that can be drawn from media coverage of the series’ transcendent stars, Steph Curry and LeBron James. The two have been cast as basketball opposites,

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