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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Oct 28, 2026Even before the votes are counted in the midterm elections, Democrats are rolling out their tax increase plans for next year. Two former Biden Treasury officials have released... -
Oct 21, 2026A senior editor at Bloomberg thinks taxes “really are too low” in the United States, and he thinks they could be easily raised. He wrote recently that the U.S. is... -
Oct 10, 2026According to the National Conference of State Legislatures, voters in 16 states will be voting on 30 tax measures this November. Most of these measures would reduce... -
Sep 23, 2026The OECD, an organization of the developed countries of the world, has released a detailed report on corporate taxes in 146 countries around the world. The report shows that... -
Sep 12, 2026As the midterm election campaigns start to heat up, a key question for voters is what will Democrats do if they win control of Congress in November? They do not talk about...
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Sep 3, 2026President Ronald Reagan famously described Washington politicians’ solutions to every problem as “if it moves, tax it.” That is exactly what many in... -
Aug 15, 2026Despite the negative spin from the news media, the latest government economic report showed positive signs of strength in the U.S. economy, with strong evidence that the tax cuts... -
Aug 1, 2026Affordability is a key issue in Washington, and taxes are a major factor. Americans pay more in taxes than they do for food, clothing, and shelter combined. But taxes...
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Jul 15, 2026California Governor Gavin Newson has proposed a series of tax increases, including a nationwide wealth tax and an increase in the corporate tax rate to the highest level in the... -
Jul 4, 2026The Brookings Institution is a well-respected Washington public policy think tank which claims to offer nonpartisan research promoting economic growth and prosperity. Its... -
Jun 16, 2026For years, Senator Bernie Sanders has touted Sweden as his favorite democratic socialist model, praising the country for its high tax rates and massive social welfare spending... -
May 27, 2026A new poll shows that the overwhelming majority of Americans think federal taxes are too high. A record 70% of voters now think that the taxes they pay are too high, the...
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May 15, 2026Every spring just in time for Tax Day Senators Elizabeth Warren and Bernie Sanders put out media releases touting a report by a liberal economic research group claiming that a long... -
May 2, 2026Every year the Tax Foundation releases a detailed report on corporate tax rates around the world, comparing corporate tax rates by country and by region. This report should be... -
Apr 11, 2026Exxon Mobil traces its roots in New Jersey all the way back to 1882, when John D. Rockefeller founded Standard Oil of New Jersey. Next month, after 144 years in the state,... -
Mar 28, 2026Spring is in the air and Tax Season is here, and with it, tax increase plans are sprouting on Capitol Hill. Four Democratic Senators have introduced separate tax plans, each... -
Mar 4, 2026The Wall Street Journal, of all places, recently ran an article by one of its columnists arguing that “low taxes are becoming a problem for the economy.” The author... -
Feb 7, 2026The Congressional Budget Office has released its annual report on the accuracy of its budget projections for fiscal 2025. It is a useful yearly reminder to policymakers that CBO... -
Jan 30, 2026Senator Elizabeth Warren recently gave a speech presenting her version of an economic agenda which she said would help working people. She railed against giant corporations,... -
Jan 13, 2026Congressional Democrats keep saying they are focusing on the affordability crisis, promising that they will soon come up with an agenda to lower costs for working people. What they...
