Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

The GOP tax plan isn't even a good try at trickle-down economics

Business Insider Thursday, 9 November 2017 ()
The GOP tax plan isn't even a good try at trickle-down economics**

· *Top economic adviser Gary Cohn says the GOP tax plan going to have "trickle-down" benefits to middle-class Americans.*
· *But even if you were trying to design a trickle-down plan, this one fails.*

--------------------"The most excited group out there are big CEOs, about our tax plan," says ex-Goldman...
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: CBS2 LA - < > Embed

News video: Will The GOP Tax Plan Help Californians? Yea, If You’re Rich, Professor Says

Will The GOP Tax Plan Help Californians? Yea, If You’re Rich, Professor Says 02:17

Are all tax cuts created equal? Not if you live in California, says USC Professor of Law and Economics, Ed McCaffery:

You Might Like


Recent related news

GOP tax plan: Good for companies, bad for cabins

More than half of Minnesota's biggest public companies could see lower tax rates under the Republican tax proposal. But the bill pays for those cuts in part by...
bizjournals - BusinessAlso reported by •NewsmaxThe Daily Reckoning

House GOP Tax Plan Would Hit Grad Students With Massive Tax Hike

The plan would raise taxes on graduate students, who make very little money to begin with. Analysts say the provision could discourage students from seeking...
NPR - MoneyAlso reported by •USATODAY.comCNSNews.comThe Daily Reckoning

Larry Summers slams Steven Mnuchin over his claims the GOP tax plan would pay for itself

Larry Summers slams Steven Mnuchin over his claims the GOP tax plan would pay for itself
· *Larry Summers slammed Treasury Secretary Steven Mnuchin over his claims that the GOP tax plan will lead to huge growth.* · *Summers was the Treasury...
Business Insider - Business

There's a lingering question about the GOP tax plan, and 'hundreds of billions of dollars' could be at stake

There's a lingering question about the GOP tax plan, and 'hundreds of billions of dollars' could be at stake
** · *The House GOP tax bill is set to be approved by the Ways and Means Committee on Thursday.* · *A lingering question remains over whether state and...
Business Insider - Business

The GOP tax plan just passed the House, but the Senate's bill is officially 'in trouble'

The GOP tax plan just passed the House, but the Senate's bill is officially 'in trouble'
** · *The Tax Cuts and Jobs Act, the House GOP tax reform bill, passed the House on Thursday.* · *The Senate bill's path faces a murkier outlook,...
Business Insider - Business

Gary Cohn had an awkward moment when CEOs appeared to shoot down one of the biggest arguments for the GOP tax plan

Gary Cohn had an awkward moment when CEOs appeared to shoot down one of the biggest arguments for the GOP tax plan
** · *The Trump administration has argued the GOP tax cuts will lead to a boom in private investment.* · *During an event with White House economic...
Business Insider - Business

Why are Democrats fighting for a tax break that benefits mostly the rich?

To the editor: The Democrats are desperately fighting the GOP tax plan for one reason: These tax breaks will severely jeopardize their designs on picking up...
L.A. Times - Americas


Other recent news in Business

COMCAST is reportedly interested in buying 21st Century Fox (CMCSA, FOXA)Walmart jumps after beating on EARNINGS, raising guidance (WMT)
BREXIT: Goldman Sachs chief Lloyd Blankfein suggests second voteBrexit: International workers are rejecting LONDON tech firms
Cisco shoots to all-time high after saying it's set to grow REVENUE for the first time in 2 years (CSCO)WALMART helps to lift US markets
House Republicans pass $1.4tn TAX REFORM billNORWAY's warning: Dump oil and gas shares
GOLDMAN SACHS want to help improve your 'financial wellness’ (GS)Economy Hub: Is BITCOIN a real threat to the traditional currencies?

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+