Latest In

Breaking News

Bush Appointee Argues Against Republican Income Tax Talking Point

A happy tax day to all readers. Yesterday, I took a look at the conservative talking point that only 47 percent of Americans pay income taxes. Today, Keith

Jul 31, 2020
53.1K Shares
3.1M Views
A happy tax day to all readers. Yesterday, I took a look at the conservative talking pointthat only 47 percent of Americans pay income taxes. Today, Keith Hennessey, an economic adviser to President George W. Bush, explainsthat Republicansexpanded the tax credits that ensure that a relatively small proportion of Americans pay those income taxes:
But most of the increase since the mid-1990s in the number of people who owe no income taxes is the result of the child tax credit. This policy was created by Congressional Republicans and expanded with Republicans in the lead.
To boot, he goes through a timeline of the changes.
Camilo Wood

Camilo Wood

Reviewer
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Latest Articles
Popular Articles