In the last installment of this series, Donald Roth describes how he thinks that the new tax law is part of an erosion of the rule of law in society brought about by both the dysfunction of our current system and a growing instability in the transition of power.
Today, we’ll pick up where we left off with a couple of claims that are similarly popular, and Donald Roth will try to put a bow on all of this before assessing the new tax law in its broader political context for the last piece of this series.
So, while the last article talked about what the tax law actually did and whether that was good from a tax policy perspective, today Donald Roth addresses the perceived impact of the tax law and assesses the accuracy of some of the most common winner/loser assessments.
Donald Roth is sure most of you are aware of the big changes that the new tax law brought about, but you may not know about many of the small tweaks and what they mean.
If you’ve been reading along for the last few days, I’ve been trying to lay a foundation of understanding of our current tax system that will make it easier to think about some of the plans that have been proposed to accomplish these reforms.
In today’s article, as we shift our focus from the past to the present, I plan to pick up on some of those themes while also placing our tax system in a broader global context.