Bruce Thompson was a U.S. Senate aide, assistant secretary of Treasury for legislative affairs, and the director of government relations for Merrill Lynch for 22 years.
Author Archive
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Dec 1, 2023Poll after poll show that the economy is the number one concern of a large majority of the American people. One recent poll found that only 14% of Americans feel they are better off... -
Nov 17, 2023A new economic study shows that the 2017 tax cuts strongly boosted corporate investment, wages, and growth. The detailed study, prepared by economists associated with the National... -
Oct 27, 2023The Brookings Institution, a Washington think tank which claims to provide nonpartisan research on the most important issues in the world, is proposing to increase the U.S. corporate... -
Oct 10, 2023A new report has been released which shows that the progressive goal of raising taxes on the rich and big corporations to fund new spending plans is nothing but an impossible dream.... -
Sep 28, 2023The Congressional Budget Office has released its monthly budget review which shows that the federal budget deficit is on track to double this year from $1 trillion in 2022 to $2... -
Sep 15, 2023For the last year or so, since inflation hit its highest level in forty years, Washington policymakers have been focused on slowing the economy down. The economic experts at the... -
Aug 25, 2023President Biden likes to claim he is a big supporter of working people. Yet as Labor Day approaches, his White House staff is pushing a massive tax increase that studies show would... -
Aug 14, 2023President Biden has been traveling the country, touting the benefits of Bidenomics, claiming his tax and spending policies have been an economic success. The President says his... -
Aug 2, 2023The Washington Post has been running a series of editorials on ways to reduce the federal debt, and they keep recommending the most economically damaging tax... -
Jul 15, 2023The Congressional Budget Office has released a report on the long-term budget outlook, projecting federal spending and tax revenue over the next 30 years. The report is alarming,... -
Jun 30, 2023An economic research study has found that the lower U.S. corporate tax rate enacted in 2017 has “significantly increased” America’s competitiveness over our global... -
Jun 17, 2023House Republicans have unveiled a comprehensive tax relief and jobs package designed to increase economic growth. The House Ways and Means Committee has approved a tax package... -
May 31, 2023With the country bumping up against the $31.4 trillion debt limit, President Joe Biden has suddenly offered his solution to the debt crisis: raise more taxes on the public. Biden... -
May 20, 2023In 1980, the US economy was in terrible shape. Inflation was soaring, growth was stalled, federal spending was rapidly rising, and taxes were at record highs. The Republican Party... -
May 2, 2023President Biden seems to be in denial about the economy. He keeps insisting the economy is strong, and that taxes and spending should be increased, even after the government reported...
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Apr 18, 2023With Tax Day here, millions of average Americans are facing higher levies under President Biden's tax proposals. A detailed analysis by the Tax Policy Center shows that his tax... -
Apr 4, 2023President Biden is flying around the country telling the American people his economic plan is working, but most Americans do not agree. Recession warnings are flashing in financial... -
Mar 23, 2023With his new budget proposing an incredible $4.7 trillion in tax increases, President Biden has secured his legacy as history’s biggest tax increaser. The size and scope of his... -
Mar 14, 2023President Joe Biden has released his budget for fiscal 2024. He is proposing trillions of dollars of tax increases, including raising the corporate tax rate from 21% to 28%. -
Feb 27, 2023President Joe Biden brags, "My economy is working." -
Feb 1, 2023Despite the growing threat of a global recession, Senate Democrats are still trying to raise the U.S. corporate tax rate. Even though economists warn against raising taxes in a...
