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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Jul 13, 2024A recent article in the Washington Post said the White House and congressional Democrats are working on a tax plan to raise more revenue from major corporations and the rich that... -
Jun 26, 2024As the debate over the 2017 tax cuts picks up in Washington, Congressional Republicans should pay attention to the United Kingdom this 4th of July. On that day, the UK will hold a... -
Jun 8, 2024The Tax Foundation each year releases a comprehensive report on corporate tax rates around the world, comparing corporate tax rates by country and region. A close reading of this... -
May 25, 2024As the debate over extending the expiring provisions of the 2017 tax cuts picks up, the White House and Congressional Democrats are focusing their attention on a higher corporate tax... -
May 11, 2024Treasury Secretary Yellen is suddenly concerned about deficits, telling a congressional committee the U.S. “needs significant steps” to reduce them. The Secretary was... -
Apr 27, 2024President Biden has been campaigning across Pennsylvania, telling workers he is on their side, fighting for working families by raising taxes on big corporations. Senator Bernie... -
Apr 13, 2024As taxpayers struggle to pay their federal income tax, every American should be aware that President Biden and Congressional Democrats are planning to raise their taxes next year.The... -
Apr 6, 2024According to a new CBO report, the federal debt is nearing its historic high. The debt is now 99% of GDP, and is projected to climb even higher in the next three decades. The last... -
Mar 25, 2024President Biden has released another historic budget, proposing record high tax increases to fund massive increases in spending. While he talks about fiscal responsibility, the... -
Mar 13, 2024President Biden is at it again, proposing a corporate tax rate increase that would slow investment and economic growth, and hurt working families and U.S. companies. While he claims... -
Mar 2, 2024Nippon Steel’s proposed acquisition of U.S. Steel will strengthen national security, protect U.S. Steel jobs, and boost U.S. manufacturing. There is a lot to like, though it... -
Feb 24, 2024A recent report by the Congressional Budget Office confirms a Washington fact of life—-higher taxes do not reduce budget deficits. They just fuel more government spending and... -
Feb 13, 2024A recent article in Politico revealed that White House officials are planning to shift their economic messaging away from promoting Bidenomics to attacking former President... -
Jan 19, 2024In their never ending push to raise more taxes and expand government, the White House and allies groups are trying to make the case that today’s deficits and debt were caused... -
Jan 11, 2024Tax revenues are rising to record high levels, fueling more government spending and pushing deficits and debt higher. Yet the Biden administration wants to increase taxes and...
