Author: David Williams

GOP nears initial victory on tax reform

“I think a lot of people in Washington are taking a message from the Virginia elections that voters are discontent with the lack of policy progress in Washington,” said Scott Hodge, president of the Tax Foundation… Proof that Denial is more than a river in Egypt. Policy progress is not the issue, Mr. Hodges. Policy content is. The after-tax income of the top 1% would rise by 7.5% in 2018 under the bill’s provisions. By contrast, groups in the bottom 80% of the income distribution would see their after-tax income increase by between 0.8% and 2.4%.

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