Updates / Tax

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By / 2.14.2018

The president’s budget proposal – the official document that lays out his administration’s tax and spending wish list – usually contains a mix of dubious economic assumptions and ambitious policy ideas that are dead on arrival in Congress. But while the president’s budget is usually somewhat estranged from reality, Donald Trump’s Fiscal Year 2019 Budget […]

By / 2.8.2018

The Republican Party, led by self-proclaimed “King of Debt” Donald Trump, is embracing fiscal profligacy on an epic scale. First, the Trump Republicans broke their promise of “revenue-neutral tax reform” and instead rammed through a bill that will grow deficits by at least $1.5 trillion last December. Now they’ve struck a deal with Senate Democrats […]

By / 1.3.2018

When Congress passed a massive tax giveaway to the richest that will add at least $1 trillion to America’s debt late last year, GOP lawmakers were remarkably candid about the next step: cutting the safety net for hundreds of millions of Americans by going after Social Security, Medicare and Medicaid benefits. As Sen. Marco Rubio […]

By / 12.26.2017

“Another such victory and we are lost,” King Pyrrhus of Epirus lamented after suffering staggering losses in defeating the Romans in 279 B.C. This bit of ancient history seems relevant now as President Trump and the Republicans celebrate a pyrrhic victory of their own on taxes. In ramming through Congress a huge package of tax […]

By / 12.19.2017

It’s been a surreal political year, but PPI has much to celebrate this holiday season. Throughout 2017, we expanded our productive capacity and the scope of our political and media outreach significantly. For example, PPI organized 150 meetings with prominent elected officials; visited 10 state capitals and 10 foreign capitals, published an influential book and […]

By and / 9.28.2017

Goaded by President Trump, Republican leaders outlined a tax-reform plan this week that is marginally less generous to the wealthy than many conservatives would like. As the GOP struggles to cobble together an actual bill that can unite their fractious party, it’s tempting for Democrats to sit back and enjoy the show. When your opponents […]

By / 5.23.2017

When Congress passed the Dodd-Frank Act, it included a requirement that U.S. companies annually report the ratio between their CEO and median worker pay. This modest provision takes effect this year, but it’s unlikely to reverse America’s widening pay gap.​ In fact, if President Trump has his way on tax reform, the earnings gap will […]

By / 3.31.2017

Just over a year ago, PPI unveiled a big ideas blueprint with a prescient subtitle: Unleashing Innovation and Growth: A Progressive Alternative to Populism. We knew that progressives in the United States and Europe needed better answers to the economic and cultural grievances that have fueled the rise of a retrograde populism and nationalism around […]

By and / 2.15.2017

Does a deal now gaining momentum across the aisle actually have the potential to break the stalemate on climate change? Is Donald Trump serious about keeping an “open mind” on climate change? Considering the “drill, baby, drill” cheerleaders he’s put in key Cabinet posts, it’s easy to fear the worst. They appear more than eager […]

By / 12.6.2016

En los Estados Unidos hemos estado, con mucha razón, obsesionados con el resultado de las elecciones presidenciales. Pero el mundo sigue girando. Por ejemplo, la semana pasada Colombia ratificó un tratado de paz histórico entre el gobierno y el movimiento rebelde. PPI tuvo el privilegio de estar en Bogotá este octubre, donde realizamos un evento sobre la Economía […]