Happy Returns

The Trump tax cut benefits taxpayers and slightly helps the economy.

Like everything else in politics today, tax reform is polarizing. Two years after President Trump signed his biggest legislative accomplishment into law, the two camps that were arguing about it remain frozen in place. Supporters, including current and former administration officials, say that the tax law led to today’s turbocharged economy. Opponents say it was a deficit-busting giveaway to the rich that has done nothing for the economy. Some of these differences are matters of perspective that can’t be...