More modest proposals to modify the SALT cap offer a superior approach; such proposals can be designed to exempt the vast share of taxpayers from the cap and at far less cost. Read more
The nation’s projected long-term finances have notably improved, largely due to significant reductions in prospective health care cost growth and interest rates. Read more
Two recently introduced bills allowing workers to trade part of their future Social Security retirement benefits for parental leave benefits after the birth or adoption of a child would undercut Social Security’s benefits and structure. Read more
But if these well-known models accurately describe the relationship between inflation rates and labor market slack, why are the United States and other advanced economies experiencing such slow to modest wage growth as national unemployment rates keep dropping lower and lower? Read more
The change would increase budget deficits, disproportionately benefit the very well-off, and create new opportunities for wealthy filers to avoid taxes by gaming the tax code. Read more
