Blog

GOP Tax Plan Viewpoints

With any piece of legislation, it is important to understand the reasons that people give for why it should be implemented, why it should not be implemented, and the data behind those reasons.

The GOP tax plan is the largest overhaul in U.S. history. As we read about this piece of legislation, many of us exist in echo chambers where we can only read and see one viewpoint. 

In this article, we expose you to varying viewpoints on the tax plan including:

  • A Republican's statement supporting the tax plan,

  • A Republican's statement opposing the tax plan,

  • A Democrats' statement opposing the tax plan, and 

  • An Independent's statment opposing the tax plan

Tags:
GOP
Tax cuts
Tax Plan

An Open Letter to the US Congress

Both the House and the Senate have passed versions of a GOP tax plan. According to analyses from the Tax Policy Center, the CBO and numerous economists, both plans overwhelmingly benefit the wealthiest people in this country, and both will result in the loss of health insurance for some 13 million Americans. Meanwhile, research warns that millions will face higher taxes and a spike in their health insurance premiums in the years ahead. And there isn’t a single credible study that supports the claim that either of these tax plans will deliver the kind of economic growth — with higher wages and substantially more jobs — the GOP is touting to sell their plan.

This is an open letter to the U.S. Congress signed by over 200 Ph.D economists that outline the economic arguments against the tax plan. 

 

Tags:
Economy
GOP
Tax Plan

(Opinion) The GOP's rush to tax cuts was brainless

I am writing from Beijing, China, where forward-looking policies in infrastructure, technology and diplomacy have fueled rapid economic growth and even more remarkable technological advancement. By the mid-2020s, China will most likely lead the world in key technologies for low-carbon energy, robotics and advanced transportation, among other areas targeted in China's long-term development strategy.

Tags:
GOP
Jeffrey Sachs
Tax cuts
Tax Plan

How Net Neutrality Works

This video from CNN money gives a succinct explanation of the Net Neutrality issue. 

It begins with a metaphor: Internet is currently provided like a highway "vehicles, or content providers, can't pay more to use a special fast lane." Under current FCC rules, the internet is treated like a public utility. The video then outlines the issue if those net neutrality rules were to go away: "if Net Neutrality ends, some companies are going to be stuck in the slow lane and customers might stop using sites that never seem to load."

The video then covers both sides of the Net Neutrality argument: the current FCC administration or telecom companies argue that government regulation stifles innovation, while tech companies and consumer advocacy groups argue that freedom is the paramount issue and that getting rid of net neutrality would allows internet providers too much control over internet use. 

Showing page   of 70