The House- and Senate-passed Republican tax bills each impose a 1.4 percent excise tax on the income from endowments of some private colleges and universities. The idea appears to stem from a larger proposal, as explained below, to boost educational opportunities for low- and moderate-income students. Congressional Republicans, however, are using the tax to help pay for tax cuts that mainly...

Donald Trump’s economic team says his economic plan would raise annual economic growth to 3.5 percent (it’s averaged 2.1 percent since the economy emerged from recession in mid-2009).  Trump himself says...

The House is expected to vote on a resolution this week expressing that “a carbon tax would be detrimental to the United States economy.” That contrasts sharply with the findings of knowledgeable scientists and economists.

Scientists recognize that unabated greenhouse gas pollution from burning carbon-...

Those brave enough to predict think that tomorrow’s jobs report will show a net gain of 188,000 payroll jobs (compared with 292,000 in December) and an unchanged 5.0 percent unemployment rate.  Unless tomorrow’s numbers are substantially different from that, they shouldn’t change the prevailing narrative that labor market conditions continue to...