Like many others, we have closely followed and admired the important work of a former Harvard colleague, Raj Chetty. With access to millions of anonymous tax records, Raj and his team at the Equality of Opportunity Project have powerfully confirmed what many have long feared about declining upward mobility in America. READ MORE
November 10th, 2017
October 26th, 2017
I have been very sharply critical of what I regard as unprofessional exaggeration by advocates of the Trump tax proposal. Reasonably enough, people have asked what I am for.
I strongly support tax reform in general and especially corporate tax reform on the model of the highly successful bipartisan 1986 tax reform, which achieved very large rate reductions, spurred economic growth and improved the efficiency of the economy while being revenue and distribution neutral.
With the release of the Republican tax proposal, the most important tax debate in a generation is in full swing. Most reasonable experts agree that tax reform has the potential to spur investment and raise wages while also simplifying the system and increasing its fairness and legitimacy. The right... read more
"Newt has the right elements of the answer- people are really angry, they're disillusioned, they're uncomfortable, they're scared, they're looking for something very different," said Summers.
"He had a gut visceral connection that the Democrats lacked."
"We had statisticians doing computer models... read more