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Curated by Project Syndicate

The GOP Tax Package

20 commentaries

Congressional Republicans’ tax plan, most economists agree, will hurt America's poor and middle class while causing the fiscal and external deficits to soar. PS writers examine the plan’s likely impact on the US economy and American politics.

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  1. Making America’s Deficits Great Again
    Donald Trump Saul Loeb/Getty Images

    Making America’s Deficits Great Again

    Jan 15, 2018 Jeffrey Frankel shows that, no matter how one measures it, the Republicans' tax cut will worsen the US trade balance.

  2. Saving America from Trump’s Tax Reform
    Pedestrians look at diamonds in a window display along 5th Avenue Spencer Platt/Getty Images

    Saving America from Trump’s Tax Reform

    Jan 8, 2018 Laura Tyson & Lenny Mendonca lament that the new legislation does nothing to address the US economy's most pressing challenges.

  3. The US Donor Relief Act of 2017
    Donald Trump speaks about the passage of tax reform legislation Saul Loeb/Getty Images

    The US Donor Relief Act of 2017

    Jan 2, 2018 Joseph E. Stiglitz says that the Republicans’ tax legislation will lead to an even more unequal society – and a worse economy.

  4. Another Look at Tax Reform and Economic Growth
    Legislation and regulation books are stacked Chip Somodevilla/Getty Images

    Another Look at Tax Reform and Economic Growth

    Dec 19, 2017 Michael J. Boskin argues that the GOP plan, while far from ideal, will have a significant positive effect on investment.

  5. Robert Barro’s Tax-Reform Advocacy: A Response
    Getty Images anti-tax placards
    Free to read

    Robert Barro’s Tax-Reform Advocacy: A Response

    Dec 15, 2017 Jason Furman & Lawrence H. Summers raise fundamental objections to the economic model used to defend and promote the Republican tax plan.

  6. How US Corporate-Tax Reform Will Boost Growth
    Senate Majority Leader Mitch McConnell Chip Somodevilla/Getty Images

    How US Corporate-Tax Reform Will Boost Growth

    Dec 13, 2017 Robert J. Barro predicts that the Republicans’ final tax package will provide a substantial economic stimulus over ten years.

  1. haldar21_Getty Images Getty Images

    Revisiting the Behavioral Revolution in Economics

    Antara Haldar assesses the legacy of the intellectual challenge to the view that rational self-interest guides our actions.
  2. varoufakis104_Andrew LichtensteinCorbis via Getty Images_amazonunion Andrew Lichtenstein/Corbis via Getty Images

    New AI Germ Busters Can Also Bust Unions

    Yanis Varoufakis shows how an AI-driven biomedical breakthrough could rob workers of what little power they have left.
  3. james206_anilakkusGetty Images_globalization anilakkus/Getty Images

    Globalization’s Warring Narratives

    Harold James examines the analytical disagreements that are hampering management of an unavoidable phenomenon.
  4. op_nagymohacsi2_Namthip MuanthongthaeGetty Images_CBDC Namthip Muanthongthae/Getty Images

    The Digital Economy’s New Monetary Imperative

    Piroska Nagy Mohácsi

    In a rapidly digitalizing world, central banks are staring down a future in which they may lack the tools necessary to manage crises, and in which they may no longer be able to protect their monetary sovereignty. They should recognize that digital currency is a source of institutional salvation.

    thinks governments must embrace central bank digital currencies or risk a fundamental loss of control.
  5. pisaniferry145_ Thierry MonasseGetty Images_eu green deal Thierry Monasse/Getty Images

    Europe’s Climate Quandary

    Jean Pisani-Ferry assesses the inevitable trade-offs the European Union must confront in achieving its clean-energy targets.
  6. basu92_Win McNameeGetty Images_samaltmanopenaisenate Win McNamee/Getty Images

    Governing the Unknown

    Kaushik Basu suggests a few principles to guide policymakers as they try to keep up with rapidly advancing technologies.
  7. oyebanji2_ PIUS UTOMI EKPEIAFP via Getty Images_lassa fever PIUS UTOMI EKPEI/AFP via Getty Images

    Fast-Tracking a Lassa Fever Vaccine

    Oyeronke Oyebanji outlines what West African governments can learn from the development and distribution of the COVID-19 jab.
  8. schleussner1_David McNewGetty Images_heatwave David McNew/Getty Images

    Climate Science Beats Climate Fatalism

    Carl-Friedrich Schleussner, et al. show that the more ambitious 1.5º target for global warming is still feasible – and more necessary than ever.
  9. benami202_Burak KaraGetty Images_erdogan Burak Kara/Getty Images

    Turkey’s Pragmatic Islamist

    Shlomo Ben-Ami expects Recep Tayyip Erdoğan’s latest electoral victory to have little impact on Turkish foreign policy.

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