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Curated by Project Syndicate

The Taxman Cometh

3 commentaries

“The spirit of a people, its cultural level, its social structure, the deeds its policy may prepare – all this and more is written in its fiscal history,” Joseph Schumpeter once observed. How, then, should we view Donald Trump's proposed US tax reforms, and the apparent willingness of Republicans who posed as fiscal hawks during the Obama presidency to add $2 trillion to the federal budget deficit over the next decade?

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  1. Supply-Side Amnesia
    US tax reform briefing Brendan Smialowski/AFP/Getty Images

    Supply-Side Amnesia

    Sep 6, 2017 J. Bradford DeLong expects the congressional Republicans' tax plan to increase the deficit and benefit the rich.

  2. Tax Reform and Budget Deficits in America
    State budget negotiations Portland Press Herald/Getty Images

    Tax Reform and Budget Deficits in America

    Aug 29, 2017 Martin Feldstein is optimistic that proposed Republican legislation will boost capital formation and economic growth.

  3. Why Tax Cuts for the Rich Solve Nothing
    Investment business Spencer Platt/Getty Images

    Why Tax Cuts for the Rich Solve Nothing

    Jul 27, 2017 Joseph E. Stiglitz offers a primer on the Trump administration's coming effort to redistribute wealth upward.

  1. sheng129_ROSLAN RAHMANAFP via Getty Images_asean cooperation ROSLAN RAHMAN/AFP via Getty Images

    In Search of a Development Plan for Asia

    Andrew Sheng & Xiao Geng argue that bottom-up institutions – not top-down strategies – are the key to regional integration.
  2. emmott_Antonio MasielloGetty Images_meloni Antonio Masiello/Getty Images

    Giorgia Meloni’s Moment

    Bill Emmott sees little difference between the Brothers of Italy’s program and that of recent right-wing governments.
  3. strain5_(Kent Nishimura  Los Angeles Times via Getty Images_school Kent Nishimura / Los Angeles Times via Getty Images

    America’s Education Emergency

    Michael R. Strain calls for urgent action to make up for pandemic learning loss in light of dismal new test scores.
  4. velasco129_DANIEL LEALAFP via Getty Images_kwasi kwarteng DANIEL LEAL/AFP via Getty Images

    God Save the Pound?

    Andrés Velasco explains why sterling is plummeting when economic theory says it should be soaring.
  5. leonard82_YASUYOSHI CHIBAAFP via Getty Images_ukraine long war YASUYOSHI CHIBA/AFP via Getty Images

    Preparing for the Long War

    Mark Leonard thinks Europeans should plan for a prolonged conflict despite Ukraine’s recent gains.
  6. abe12imagefinal

    Realizing a Free and Open Indo-Pacific

    Abe Shinzō

    Less than a month before he was assassinated, Japan’s longest-serving prime minister set out his vision for the region. He buttressed his case by comparing China’s growing threats against Taiwan to Russia’s invasion of Ukraine.

    set out his vision for the region less than one month prior to his assassination in July.
  7. rdkaplan2_AFP via Getty Images_iran protests AFP via Getty Images

    Russia, Iran, and the Perils of Post-Autocracy

    Robert D. Kaplan

    With Russia facing defeat on the battlefield and massive protests once again engulfing Iran, both countries’ regimes look vulnerable. But the end of tyranny is more likely to lead to a dangerous political vacuum than to a democratic transition.

    warns that the collapse of a despotic regime more often leads to a political void than to a healthy democracy.
  8. signe10_ISSOUF SANOGOAFP via Getty Images_africatextilemanufacturing Issouf Sanogo/AFP via Getty Images

    The Key to Unlocking Africa’s Economic Potential

    Landry Signé explains why fostering trade integration and regional value chains is essential for the continent to prosper.
  9. james196_Michael M. SantiagoGetty Images_unitednations Michael M. Santiago/Getty Images

    Geopolitical Davids and Goliaths

    Harold James considers lessons from smaller countries about how to wield power and influence in the twenty-first century.

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