Don’t Raise Taxes to Address Revenue Shortfall, Cut Corporate Welfare
Targeted tax breaks have a poor track record, providing only 16 cents of economic growth for every dollar awarded.
Author: Alex Muresianu
Alex Muresianu is an economics student at Tufts University, and he has written for The American Conservative, the Washington Examiner, and The Federalist.
The Case Against the Charitable Deduction
Instead of raising tax rates on high-income earners, a smarter way for progressives to raise taxes on higher-income earners would be to eliminate itemized deductions: tax breaks that allow primarily upper-middle and upper-income earners to write off various expenses.
