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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. castaneda88_GERARDO MENOSCALAFP via Getty Images_latin america safety GERARDO MENOSCAL/AFP via Getty Images

    From Welfare State to Safe State in Latin America

    Jorge G. Castañeda & Carlos Ominami urge the region’s progressives to start treating security as an essential component of social protection.
  2. ocampo57_Celal GunesAnadolu Agency via Getty Images_imf Celal Gunes/Anadolu Agency via Getty Images

    The Urgency of Sovereign-Debt Restructuring

    José Antonio Ocampo highlights the need for a comprehensive mechanism to deliver relief to low- and middle-income countries.
  3. fischer215_Mostafa AlkharoufAnadolu via Getty Images_tel aviv iran attack Mostafa Alkharouf/Anadolu via Getty Images

    The Gaza War Goes Global

    Joschka Fischer

    The escalating war in the Middle East must be understood in a broader context. The fact that the Iranian regime felt emboldened to risk a direct strike on Israel attests to a changing world order in which Western power is increasingly open to challenge.

    considers the implications of Iran’s unprecedented decision to launch a direct strike on Israeli territory.
  4. nyirinkindi1_ISAAC KASAMANIAFP via Getty Images_women phone fintech ISAAC KASAMANI/AFP via Getty Images

    Gender-Neutral Fintech Isn’t Working for Women

    Emmanuel Nyirinkindi & Jessica Schnabel show that the industry is not fully delivering on its promise to accelerate financial inclusion.
  5. evans72_Alex WongGetty Images_palestine statehood Alex Wong/Getty Images

    The Urgency of Palestinian Statehood

    Gareth Evans explains why formal international recognition is crucial to ending the intolerable status quo.
  6. schiffrin10_Mark WilsonGetty Images_journalists Mark Wilson/Getty Images

    Quality Journalism Is More Important than Ever

    Anya Schiffrin, et al. explain how policymakers can support rigorous, objective reporting, just as they provide other public goods.
  7. wei60_MANJUNATH KIRANAFP via Getty Images_india population MANJUNATH KIRAN/AFP via Getty Images

    Is India’s Economy Overhyped?

    Shang-Jin Wei argues that the country’s rapid development, while undeniable, conceals deeper structural problems.
  8. krake1_Celal GunesAnadolu via Getty Images_spring meetings Celal Gunes/Anadolu via Getty Images

    Negotiating a Bigger, Better World Bank

    Michael Krake & Wempi Saputra explain how a new framework will nudge countries to invest in projects that deliver global public goods.
  9. redford1_Getty Images_earth conservation Getty Images

    The Ozone Layer’s Recovery Shows How to Protect the Planet

    Robert Redford & Xiye Bastida highlight the critical role of international cooperation in preserving the planet’s habitability.

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