Category Archives: Tax Policy

What’s Wrong With the Golden Goose?

Secular stagnation’ isn’t to blame for lousy U.S. growth rates. Obama’s higher taxes and regulatory assault are. By, PHIL GRAMM April 20, 2015 8:17 p.m. ET Since the Obama recovery began in the second quarter of 2009, public and private projections of economic growth have consistently overestimated actual performance. Six years...
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What Democrats and the CBO Don’t Get

The numbers reveal that a robust economy, not higher taxes, is the most reliable way to increase federal revenue. By Michael Solon Feb. 2, 2015 7:37 p.m. ET The recent rule change by House Republicans to incorporate the macroeconomic impact of major legislation into official budget estimates—“dynamic scoring”—has triggered heated...
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The Reagan-Clinton Template for Success

Divided government doesn’t have to be a prescription for stalemate. Past bipartisan achievements point the way. By Phil Gramm and Michael Solon Dec. 15, 2014 6:17 p.m. ET   After his re-election to become the next majority leader of the Senate, Mitch McConnell ’s first words were not about his or his...
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How to Distort Income Inequality

The Piketty-Saez data ignore changes in tax law and fail to count noncash compensation and Social Security benefits. By Phil Gramm And Michael Solon   Nov. 11, 2014 6:50 p.m. ET What the hockey-stick portrayal of global temperatures did in bringing a sense of crisis to the issue of global...
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Senate Democrats vs. the Middle Class

Senators elected in 2008 made Obama’s agenda possible, and its results have harmed most Americans. By PHIL GRAMM And MICHAEL SOLON Aug. 17, 2014 7:10 p.m. ET On Nov. 3, 2008, seven new Democratic senators were elected, giving Democrats 58 votes. Eight months later, with the Minnesota Senate race settled and...
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A Lesson for America in Poland’s Rise and Ukraine’s Fall

As President Obama is learning, no political victory is permanent without economic success. Consider the fates of two former Soviet vassals. By PHIL GRAMM And MICHAEL SOLON Aug. 29, 2014 6:58 p.m. ET In forging Turkey out of the ruins of the Ottoman Empire, Mustafa Kemal Atatürk warned his countrymen in...
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Gramm and Solon: Suddenly, an Opening for Tax Reform

Senate Finance Chairman Ron Wyden now recognizes that a pro-growth tax reform can raise revenues. By Phil Gramm and Mike Solon A glimmer of hope for the economy and deficit reduction flashed from the Senate this past weekend when the new Senate Finance Committee Chairman, Ron Wyden, announced “a breakthrough”...
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