Tax Policy In Project 2025: Presidential Transition Project

Martin Sullivan (Tax Analysts), Your Guide to Tax Policy in Project 2025, 184 Tax Notes Fed. 161 (July 8, 2024):

The title page reads, “Mandate for Leadership, the Conservative Promise — Project 2025, Presidential Transition Project.” What follows is 920 pages of sweeping changes for the “next conservative president” to put into effect or, if not sufficiently empowered, to recommend to Congress. From abortion to veterans affairs, the anthology of 30 chapters, each by a different author, is a prepackaged game plan for the next administration to hit the ground running with a conservative wish list.

Tax reform would take place in two stages. Stage 1 “intermediate” reform would retain the basic structure of the Tax Cuts and Jobs Act but dramatically adjust its moving parts. Stage 2 “fundamental reform” would abolish individual and corporate income taxes and replace them with a consumption tax. The plan calls for the IRS budget to be cut, and as with other executive agencies, more of its top personnel would be appointed by the president.

Led by the Heritage Foundation, more than 50 conservative organizations collaborated on the Project 2025 volume. After President Biden’s poor performance in the June 25 debate and the close ties between former President Trump and the Heritage Foundation, the bulky tome — originally published in April 2023 — can no longer be ignored by those seeking to prepare for the future. The tax policy and tax administration changes are found mostly in Chapter 22, “Department of Treasury.”

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Tax Policy In The Trump Administration

• Bloomberg, Generous Tax Perks Blossom in New Relief Loan Funding Round
• Bloomberg, Top U.S. Banks’ Tax Bill Would Rise $11 Billion With Biden Hike
• Bloomberg, Treasury and IRS Release Final Regs on Treatment of Carried Interest
• Forbes, Eight Ways The Biden Tax Plan Could Affect Your Real Estate Business
• The Hill, Is a Global Internet Tax Coming in 2021?

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Tax Policy In The Trump Administration

• Bloomberg, Democrats Get Clout Needed for Risky Bid to End Trump’s SALT Cap
• Bloomberg, The Path Ahead for President-Elect Biden’s Tax Policies
• Bloomberg, Push Against Tax-Advantaged Land Deals to Continue Next Congress
• Bloomberg, Rules for ‘Coach Tax’ on Nonprofits Go to White House for Review
• Bloomberg, The Wealth Tax Is Going Global
• Forbes, Coronavirus Pandemic Causing Potential Tax Crisis For Many In 2021

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Tax Policy In The Trump Administration

• Ars Technica, Pandemic-Boosted Remote Workforce May Be In For a Shock at Tax Time; You, Your Employer, and the Taxman May Have Very Different Understandings Of "Home"
• Courthouse News Service, Facebook to Close Irish Units at Center of Tax Dispute
• The Economist, New York v the Zoom Tax
• Keith Fogg (Harvard), Year in Review – Tax Administration
• Keith Fogg (Harvard), Year in Review – Tax Legislation

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Tax Policy In The Trump Administration

• Bloomberg, Elon Musk, Jeff Bezos Space Race Gets a Boost From Anti-Poverty Tax Break
• Bloomberg, Rich Americans Who Fear Higher Taxes Hurry to Move Money Now
• Bloomberg, States Battle Each Other Over Billions in Work-From-Home Taxes
• Conversable Economist, What Should Be Included in Income Inequality? 
• Jim Maule (Villanova), Tax and Spending Hypocrisy 
• New York Times, Buried in Pandemic Aid Bill: Billions to Soothe the Richest

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Tax Policy In The Trump Administration

• American Prospect, Can Corporate Tax Incentives Revive a Pandemic Economy? New Jersey Thinks They Can.
• American Prospect, The Day One Agenda for Corporate Taxes
• Bloomberg, Biden Gets Prodded From Left on Tax Hikes That Now Look Unlikely
• Bloomberg, Rich States Uncover Tax Windfall, Undercutting Push for Aid
• Bloomberg, What Happens When the 1% Go Remote

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Tax Policy In The Trump Administration

• Forbes, America’s Three Richest People Are Now Positioned To Pay Zero State Income Tax
• Forbes, Biden Vs. Trump: Tax Plan Calculator
• Forbes, How To Blunt The Impact Of Biden Tax Hikes
• Fortune, The IRS Effectively Canceled the Tax Break That Made PPP Loans So Valuable
• Fox News, Return of a Politicized IRS? Democrats' Push to Expand Tax Agency Raises Concerns

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Tax Policy In The Trump Administration

• Bloomberg, Billionaires Urge Tax Reform to Free $1 Trillion for Charity
• Bloomberg, Local Lenders Stay Sidelined as Cash Flows to Opportunity Zones
• Forbes, As More Americans Move To No-Income-Tax States, More Lawmakers Move To Phase Out State Income Taxes
• The Hill, Biden's Treasury Pick Will Have Lengthy To-Do List on Taxes
• The Hill, San Francisco Wealth Tax Will Fuel Next Blue Exodus For Rich Earners
• IMF Blog, How the Rich Get Richer

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Tax Policy In The Trump Administration

• Bloomberg, Coca-Cola Must Pay Bulk of $3.4 Billion Tax Bill, Court Says
• Bloomberg, Companies With Forgiven PPP Loans Can’t Get Tax Breaks, IRS Says
• Bloomberg, New IRS Restrictions on PPP Loans
• Bloomberg, SALT Cap Workarounds May Catch On in More States After IRS OK
• Bloomberg, Surging Sports Betting Taxes Replenish Sinking State Coffers

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Tax Policy In The Trump Administration

• Sam Brunson (Loyola-Chicago), Project Veritas and Illegality
• Conversable Economist, The Super-rich and How to Tax Them 
• Financial Times, Capital Gains Tax Should Be Fairer and Simpler
• Fortune, Biden’s Corporate Tax Plan Depends on Georgia’s Senate Results
• The Hill, Progressive Tax Reform Should Top Biden's List of Priorities

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Tax Policy In The Trump Administration

• Axios, The U.S. Is As Corporate Tax-Friendly As It's Ever Been
• Bloomberg, Biden’s Tax Policy Vision May Be Too Much for Congress
• Business Insider, Here's How President-Elect Joe Biden's Corporate Tax Plan Will Impact Big Businesses
• Forbes, Federal Corporate Tax Policy Likely To Remain Unchanged
• Forbes, What A Difference A Year Makes! Income tax Changes Since December 2019.

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Tax Policy In The Trump Administration

• Bloomberg, FedEx Sues for $89 Million in Transition Tax Rules Challenge
• Bloomberg, U.S. Billionaires Got $1 Trillion Richer During Trump’s Term
• Cato Institute, Is Tax‐​Driven Interstate Migration Increasing? 
• Economic Policy Institute, Moral Policy = Good Economics
• Forbes, Biden’s Tax Increase On Death That No One Is Talking About

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Tax Policy In The Trump Administration

• Bloomberg, Goldman Says Capital-Gains Tax Hike Would Be ‘Minor’ for Stocks
• Bloomberg, The Trump Tax Cut Wasn’t Just for the Rich
• Cato Institute, Biden’s Radical Capital Gains Tax Increase
• Forbes, If Joe Biden Wins, Get Ready For A Big Battle Over Tax Policy
• The Hill, Biden's Foolish Capital Gains Tax Increase

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Tax Policy In The Trump Administration

• Bloomberg, Biden's Capital Gains Tax Plan Fixes Nothing
• Bloomberg, Business Owners Speed Up Planned Sales Over Biden Tax Hike Fears
• Bloomberg, The Offshoring of U.S. Jobs Increased on Trump’s Watch
• Cato Institute, Tax Increase Efforts of the Wealthy 
• CNN, What You Need to Know About Joe Biden's Tax Plan

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Tax Policy In The Trump Administration

• Bloomberg, Biden Would Smother the Economy by Raising Taxes
• Bloomberg, Biden’s Tax Plan Would Raise Just $2.4 Trillion
• Bloomberg, Larry Summers and Robert Reich Clash Over a Wealth Tax
• Cato Institute, Income Taxes on the Ballot 
• Cato Institute, King v. Burwell: A Clear Example of Legislating from the Bench 

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Tax Policy In The Trump Administration

• American Thinker, New York Times Caught Naked in Bed With Trump's Tax Strategy, and the New York Sun Exposes Them
• The Atlantic, The President’s Case for Tax Reform
• Bloomberg, Don’t Raise Taxes. Collect the Billions Not Being Paid.
• Bloomberg, Rich Americans Are Protecting Their Fortunes From a Possible Biden Win
• Bloomberg, Trump’s Tax Returns Show Why We Need to Fund Tax Enforcement

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Tax Policy In The Trump Administration

• Bloomberg, Trump Can Thank Obama for Tax-Refund Play Democrats Now Oppose
• Bloomberg, Trump’s Taxes Give Biden Blueprint to Fix System Rigged for Rich
• Sam Brunson (Loyola-Chicago), #TrumpTaxReturns
• Cato Institute, Trump and Biden Tax Policies
• Forbes, A Wealth Tax Is Not A Solution For Income Inequality

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Tax Policy In The Trump Administration

• Bloomberg, Hedge Funds Head for Florida With Taxes on Rich Rising Elsewhere
• Bloomberg, Millionaires Got One-Third of Trump’s Small Business Tax Break
• Center on Budget and Policy Priorities, States Should Tax Wealth to Respond to COVID-19
• Fact Check, Biden’s Claim That Trump’s Tax Bill Gave Companies ‘a Reward For Offshoring Jobs’
• Forbes, Economist Challenges Assumptions Of Wealth Tax Advocates

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Tax Policy In The Trump Administration

• Bloomberg, Brookings Says $17,000 Tax Credits Would Aid Firms More Than PPP
• Bloomberg, Major Companies Reject Trump’s Payroll Tax Deferral
• Bloomberg, Millionaires Would Pay Up Under Biden Tax Plans, Study Shows
• Bloomberg, NYC’s Wealthy Should Be Prepared for Higher Taxes
• The Hill, Democrats Back Away From Quick Reversal of Trump Tax Cuts

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Tax Policy In The Trump Administration

• American Enterprise Institute, The Tax Burden on Business Investment Under Joe Biden’s Tax Proposals
• Bloomberg, Biden Offshore Tax Plan Unlikely to Renew Rust Belt Factories
• Bloomberg, Major Companies Have Rejected Trump's Payroll Tax Deferral
• Bloomberg, Trump Tax Cut Was Neither Bane Nor Boon
• Forbes, Record Stimulus And Social Unrest Create Perfect Storm For Wealth Tax

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Tax Policy In The Trump Administration

• Neil Buchanan (Florida), The Dangerous Silliness of Trump's Suspension of Social Security Taxes
• Center for American Progress, Foreign Investors Were Big Winners From Trump’s Tax Law
• Forbes, What The Apple Decision Means For Global Tax Reform
• The Hill, Author Thom Hartmann Says Average Family Pays $5k 'Monopoly Tax' to Large Companies
• The Hill, Democrats Call For IRS to Review Tax-Exempt Status of NRA

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Tax Policy In The Trump Administration

• Accounting Today, Trump vs. Biden on Corporate Tax Policy
• Bloomberg, The Tax Biden Wants to Double and Trump Might Cut
• Boston Herald op-ed (Veronique de Rugy), Wealth Tax Does Much More Harm Than Good
• Common Dreams, As Trump Pushes New Tax Cuts for Wealthy, Analysis Shows US Billionaires $800 Billion Richer Since Pandemic Hit
• Council on Foreign Relations, Could Trade Agreements Help Limit Tax Competition?

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Tax Policy In The Trump Administration

• Bloomberg, A Guide to Democrats’ Plans to Tax the Rich More
• Bloomberg, Trump Pledges Tax Credits, Tariffs to Redirect Jobs From China
• CNBC, What’s ahead for your taxes if Biden wins the election
• Forbes, California Legislators Propose 0.4% Wealth Tax, Plus 16.8% Income Tax Rate
• Forbes, Four Things You Should Know About The Death Tax Exemption

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Tax Policy In The Trump Administration

• Bloomberg, The Simple Fix For Corporate Income Tax—Tax Stock Returns
• Center on Budget and Policy Priorities, States Grappling With Hit to Tax Collections
• Fox News, Trump Expects US Economy to Grow at 20% Pace, Supports Middle-Income Tax Cut
• The Hill, Biden's Tax Plan Would Undermine the Coronavirus Recovery
• The Hill, Sanders Offers Bill to Tax Billionaires' Wealth Gains During Pandemic

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Tax Policy In The Trump Administration

• Accounting Today, Election 2020: Trump vs. Biden on Tax Policy
• Bloomberg, Business Tax Breaks Could Move Fast if Big Ticket Items Resolved
• Bloomberg, Carried Interest Rules Prompt Investment Funds to Rethink Plans
• Bloomberg, Carried Interest Tax Rules Could Bring Legal Fights for Treasury
• Bloomberg, Sanders Tweets He Wants to Tax Titans’ ‘Obscene’ Wealth Gains

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Tax Policy In The Trump Administration

• Steve Forbes, Why A Wealth Tax Would Do More Harm Than Good
• The Hill, GOP Plan Would Boost Deduction For Business Meals
• Institute on Taxation and Economic Policy, A Tax Loophole You Could Drive a Food Truck Through: Senate GOP Proposes Full Deductibility of Business Meals
• New York Times, 16 States Go Ahead With ‘Back to School’ Sales Tax Holidays
• TaxVox, Recraft The EITC To Help Parents Caring For Children Who Can’t Return To School Full-Time

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Tax Policy In The Trump Administration

• Accounting Today, Biden Attacks $50B Real Estate Tax Break in Jab at Trump
• Bloomberg, Carried Interest Rules Near as White House Review Ends
• Bloomberg, Swiss Region May Soon Beat Hong Kong as Best Company Tax Haven
• The Hill, Memo to Mitch: Repeal the Republican Tax Increase
• Institute for Policy Studies, Top 12 US Billionaires Have a Combined Wealth of $1 Trillion

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Tax Policy In The Trump Administration

• Bloomberg, Biden's Tax Plan Will Hold Back the Economy
• Bloomberg, Senate GOP Aid Plan to Continue Some CARES Act Provisions
• Fortune, Joe Biden Is Teaming Up With Bernie Sanders to Raise Taxes—Here’s the Plan
• The Hill, Millionaires Call on Governments to Tax the Rich to Pay For Virus Relief
• The Hill, Schumer Pushes For Elimination of SALT Deduction Cap in Next Coronavirus Relief Bill

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Tax Policy In The Trump Administration

• Bloomberg, Looking For a Work-at-Home Tax Break? Here’s the Bad News
• Forbes, Low Taxes: For A Limited Time Only
• The Guardian, To Save the Arts and All Else We Hold Dear, a Wealth Tax Now Seems the Only Answer
• Market Watch, Liberals Aren’t Giving Joe Biden Credit for a Radical Tax Plan That Goes After the Indolent Rich
• New York Times, Delayed by Virus, Tax Day Is Almost Here

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Tax Policy In The Trump Administration

• Bloomberg, Billionaires’ Political Spending Grew 37-Fold in 10 Years
• Bloomberg, Global Tax Reform Process Hangs on U.S. Election
• Bloomberg, Tax Haven-Blocking Rules in Virus Aid Carry Little Force
• Sam Brunson (Loyola-Chicago), How the Espinoza Tax Credits Work
• Forbes, Billionaires Spent 41 Times More On 2016 Election Compared To 2008

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Tax Policy In The Trump Administration

• Brian Galle (Georgetown), Universities (and Other Big Employers) Are Cutting Retirement Benefits. Tax Lawyers are Having Fits. What’s Going On?
• The Hill, Democrats Seek Information on Treasury's Administration Of 'Opportunity Zone' Program
• The Hill, House Democrats Unveil Green Tax Package
• Mother Jones, Trump’s Tax Cuts Were a Disaster. Naturally, Republicans Want Even More.
• People, Bryant Gumbel Gives Powerful Commentary on the 'Black Tax,' the 'Added Burden' of Being Black

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Tax Policy In The Trump Administration

• Bloomberg, Covid Accelerates a Wave of ‘Wayfair’ Tax Revenue
• Bloomberg, ‘Netflix Tax’ Could Spread From Chicago as Cities Crave Revenue
• Bloomberg, Online Teaching in Higher Education—Indirect Tax Considerations
• Financial Times, Europeans Vow to Pursue Digital Tax Plans After US “Provocation”
• Fiscal Times, New York Could Lose 40% of Its Tax Revenue Due to Pandemic: Report

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Tax Policy In The Trump Administration

• Bloomberg, Carried Interest Rules Return to White House for Review
• Bloomberg, IRS Fails to Pursue Thousands of Rich Tax Cheats, Watchdog Says
• Center on Budget and Policy Priorities, The Impact of the COVID19 Recession on the Jobs and Incomes of Persons of Color
• Center on Budget and Policy Priorities, States Grappling With Hit to Tax Collections
• Government Executive, IRS Is Letting Some of the Highest-Income Americans Get Away Without Paying Taxes

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Tax Policy In The Trump Administration

• American Prospect, Does the Earned Income Tax Credit Deliver?
• Fortune, A Clampdown on Corporate Tax Avoidance Is Coming. Companies Should Embrace It
• The Hill, Biden: 'Amazon Should Start Paying Their Taxes'
• The Hill, Biden Pledges To Not Raise Taxes on Those Making Under $400,000
• The Hill, IRS Reduces Donor Disclosure Requirements For Some Tax-Exempt Groups

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Tax Policy In The Trump Administration

• Forbes, Buried In The HEROS Act, A Plan To Restore SALT Tax Deductions Could Add $1 Trillion In Housing Value
• Forbes, The Net Worth Of America's 600-Plus Billionaires Has Increased By More Than $400 Billion During The Pandemic
• Forbes, A Pro-Business Provision In The CARES Act Every Business Owner Should Know
• The Hill, Tax Provisions in House Democrats' Bill Would Cost $883 Billion: Joint Tax Committee
• Institute on Taxation and Economic Policy, How the Coronavirus Outbreak May Help Keep Amazon’s Federal Tax Bill Low (Again)

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Tax Policy In The Trump Administration

• Bloomberg, Billions of Euros Later, Dividend Tax Schemes Face EU Crackdown
• Bloomberg, Election Risk Swells as Wall Street Warns on Tax Cut Reversal
• Bloomberg, Firms That Left U.S. for Tax Reasons Could Qualify for Fed’s Aid
• Bloomberg, Super-Rich Stranded by Lockdowns Face Higher Tax Bills
• Forbes, Massive House Bill Includes New & Improved Stimulus Checks, Expanded Jobless Benefits And Tax Relief

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Tax Policy In The Trump Administration

• Bloomberg, California Income Tax Payments Plunge 85% in April
• Bloomberg, A Capital Gains Tax Cut Won’t Help With Coronavirus Relief
• Forbes, A Defense Of The Break Republicans Snuck Into The CARES Act
• Fortune, We Must Repeal Trump’s $135 Billion Hidden Tax Giveaway For Wealthy Real Estate Investors
• The Hill, Pelosi Pushes Back on Trump's Call For Capital Gains Tax Cuts in Next Coronavirus Bill

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Tax Policy In The Trump Administration

• Bloomberg, Businesses Wary of Using Virus Tax Perk Absent More IRS Guidance
• Bloomberg, Loss Carrybacks Can Help Nonprofits but IRS Direction Is Limited
• Bloomberg, Rich in U.S. Grab Historic Chance to Pass On Wealth Tax-Free
• Bloomberg, Special Treatment for Tax Regulations Faces Latest Legal Test
• Forbes, Repeal The $1.6 Million Stimulus ‘Check’ Loophole For Rich Americans? Futile Proposal Unveiled

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Tax Policy In The Trump Administration

• Forbes, Grover Norquist On Taxes, Socialism And The Demonization Of The Rich
• The Hill op-ed (Richard Schmalbeck (Duke) & Jay Soled (Rutgers)), Americans Have Civic Duty to Pay Taxes to Assist the Nation in Crisis
• Institute on Taxation and Economic Policy, It’s Time to Rethink Those Tax Cuts
• New York Times, No Fight Over Red Ink Now, but Virus Spending Will Force Tough Choices
• Darien Shanske (UC-Davis), The Fed Can and Should Help States and Localities Right Now

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Tax Policy In The Trump Administration

• The Atlantic, Trump Was Right to Prioritize America’s Competitiveness Over Inequality
• Bloomberg, 10 Ways States Could Fortify Tax Structures Ahead of Next Crisis
• Dissident Voice (Gerald Scorse), SECURE Act Leaves Millions of Workers as Insecure as Ever
• Forbes, Confused? Simplifying The Complexities Of The Paycheck Protection Program And Tax Reform
• The Guardian, Millionaires to Reap 80% of Benefit From Tax Change in US Coronavirus Stimulus

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Tax Policy In The Trump Administration

• Bloomberg, Kudlow Says U.S. Should Allow Firms ‘100% Immediate Expensing’
• Bloomberg, Private Flights Getting Cheaper Thanks to Stimulus Tax Relief
• Bloomberg, Wealthy Win, Low-Wage Earners Lose in April 15 Tax Extension
• New York Times, America Will Struggle After Coronavirus. These Charts Show Why.
• TaxVox, The CARES Act Boost In Unemployment Benefits Is Likely To Cost More Than Congress Projects. That’s a Feature, Not A Bug

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Tax Policy In The Trump Administration

• Bloomberg, Opportunity Zones: Will Tax Breaks for Investors Benefit Communities Too?
• Center on Budget and Policy Priorities, How Will States and Localities Divide the Fiscal Relief in the Coronavirus Relief Fund?
• The Hill, Trump Floats Restoring Full Corporate Tax Deduction For Meals as Coronavirus Derails Restaurants
• Huffington Post, COVID-19 Is The Best Argument Yet For A Wealth Tax
• New York Times, These Companies Enriched Themselves. Now They’re Getting a Bailout.

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Tax Policy In The Trump Administration

• Bloomberg, Gilead’s Experimental Covid-19 Drug Scores Potential Tax Break
• Brookings Institution, Does the US Tax Code Favor Automation?
• New York Times, Bonanza for Rich Real Estate Investors, Tucked Into Stimulus Package
• Politico, Who Got Special Deals in the Stimulus and Why They Got Them
• TaxVox, Direct Payments In Coronavirus Stimulus Bill Are Well Targeted to Low- And Middle-Income Households

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Tax Policy In The Trump Administration

• Bloomberg, White House Discussing Allowing Airlines to Keep Ticket Tax
• Fortune, What the Candidates Aren’t Telling You: America’s Heading For a Tax on the Middle Class
• Institute on Taxation and Economic Policy, Trump’s Proposed Payroll Tax Elimination
• New York Times, A Payroll Tax Cut Won’t Work. Send Big Checks Now.
• Darien Shanske (UC-Davis), Massachusetts Can Raise Up to 415mn/year by Conforming to GILTI

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Tax Policy In The Trump Administration

• Bloomberg, Don’t Cut the Payroll Tax. Just Send People Money.
• Bloomberg, Sanders’s Tax-The-Rich Plan Is 2800% Larger Than Biden’s
• Bloomberg, Taxes May Be a Bigger Deal Than Alpha, This Fund Manager Says
• Bloomberg, Why Bernie's Proposed Wall Street Tax Won't Work
• Center for American Progress, Trump’s Rumored ‘Tax Cuts 2.0’ Proposals Aren’t Focused on the Middle Class

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Tax Policy In The Trump Administration

• Bloomberg, Where the Democratic Candidates Stand on Taxes
• Economic Policy Institute, Progressive Revenue Options
• Institute on Taxation and Economic Policy, Administration Once Again Touts Misleading Information on 2017 Tax Law
• Institute on Taxation and Economic Policy, The Latest Wildly Misleading Argument Against Taxing the Rich
• Market Watch, This Is How Much American Workers Saved During the First Year After Trump Tax Overhaul

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Tax Policy In The Trump Administration

• Economic Policy Institute, The U.S. Federal Tax and Spending System Is the Biggest Tool to Combat Inequality, But It Could Do Much More
• Forbes, I’m Mad As Hell At All Wealth Tax Economists
• Forbes, In Crack Down On Cryptocurrency Tax Evasion, IRS Hosts D.C. Policy Summit
• The Hill, Financial trade tax gains traction with 2020 Democrats
• The Hill, Poll: Two-Thirds of Voters Say Billionaires Should Pay a Wealth Tax

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Tax Policy In The Trump Administration

• Bloomberg, Bloomberg Vows Tougher Wall Street Rules, Transactions Tax
• Bloomberg, Democrats Aim to Make Wealth Tax Blueprint for Next White House
• Bloomberg, Here’s One Tax Every Candidate Ought to Back
• Bloomberg, Sanders Sets Higher Corporate Taxes Than Rivals
• Center for American Progress, Promise and Opportunity Deferred

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Tax Policy In The Trump Administration

• Accounting Today, Global Tax Reform Could Raise as Much as $100B, OECD Says
• Bloomberg, GOP’s 21% Corporate Tax Rate Locked in By Congressional Gridlock
• Business Insider, As the US Budget Deficit Barrels Toward $1 Trillion, the White House Doubles Down on Claim That Tax Cuts Will 'Pay For Themselves'
• Business Insider, Critics Have Called a Wealth Tax 'Un-American,' but the Idea Is As Old As the American Revolution
• CBS News, Bloomberg Would Pay $3 Billion Less Under His Wealth

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Tax Policy In The Trump Administration

• Linda Beale (Wayne State), Everybody's Talkin' 'Bout Taxes—Especially Wealth Taxes and Mark-to-Market of Capital Gains
• Bloomberg, Amazon, Microsoft Back Tax to Fight Seattle-Area Homelessness
• Center on Budget and Policy Priorities, Corporation-Friendly Treasury Regulations Reducing Federal Revenues
• Economic Policy Institute, As Investment Continues to Decline, the Trump Tax Cuts Remain Nothing but a Handout to the Rich
• Forbes, Reviewing The Democratic Candidates’ Tax Plans: Michael Bloomberg

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