Morning Jolt: Long-Awaited Republican Tax Plan is Underwhelming

Making the click-through worthwhile: Republicans leave out some consequential details about their plan to cut taxes; President Trump makes the right call on shipping aid to Puerto Rico; why Oprah 2020 isn't so unthinkable despite the record of celebrity-politicians; and how Trump is, for better or worse, delivering exactly the kind of presidency he promised.

Hey, Did You Guys Forget Some Pieces of this Tax Plan?

My colleagues weigh in on the tax plan unveiled by Congressional Republicans and the White House, and they seem a little underwhelmed, at least until the GOP fills in some of the blanks.

Ramesh Ponnuru observes that there's a piece missing that could have far-reaching effects: the total amount of the child tax credit -- an amount of taxes the government "credits" you with paying just by claiming a child as a dependent.

The relevant parts of the plan 1) increase the standard deduction to $24,000 for married couples, 2) increase the child credit by an unspecified amount, 3) raise the ...

September 28 2017

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Long-Awaited Republican Tax Plan is Underwhelming Jim Geraghty Making the click-through worthwhile: Republicans leave out some consequential details about their plan to cut taxes; President Trump makes the right call on shipping aid to Puerto Rico; why Oprah 2020 isn't so unthinkable despite the record of celebrity-politicians; and how Trump is, for better or worse, delivering exactly the kind of presidency he promised. Hey, Did You Guys Forget Some Pieces of this Tax Plan? My colleagues weigh in on the tax plan unveiled by Congressional Republicans and the White House, and they seem a little underwhelmed, at least until the GOP fills in some of the blanks. Ramesh Ponnuru observes that there's a piece missing that could have far-reaching effects: the total amount of the child tax credit -- an amount of taxes the government "credits" you with paying just by claiming a child as a dependent. The relevant parts of the plan 1) increase the standard deduction to $24,000 for married couples, 2) increase the child credit by an unspecified amount, 3) raise the ... READ MORE McHealthcare Deluxe Kevin D. Williamson It's hard to admit you were wrong. Democrats are going to need some help with that. What's too often lost in the Sturm und Drang of recent Republican efforts to reform the insurance reforms... Americans Are Oddballs Dan Jones Americans Are Oddballs ADVERTISEMENT This Culture War Isn't about the Flag; It's about Conscience David French Let me begin with a simple declaration. I believe that the United States is a better country when not only the government protects the right of free speech but also the culture values that... America's Francification: La Fin Pascal-Emmanuel Gobry Editor's Note: In a series of columns, Pascal-Emmanuel Gobry, a Paris-based conservative and Fellow at the Ethics and Public Policy Center, writes on an alarming trend, which he calls the... An Opportunity for Pro-Growth and Pro-Family Tax Reform The Editors Republicans' framework for tax reform is chock-full of good ideas about modernizing the taxation of business. Its provisions for the individual tax code are more of a work in progress. The... Republicans' Self-Inflicted Wounds The Editors Republicans have once again failed to pass a bill that rolls back Obamacare, let alone one that repeals it as they have promised for seven years. Blame for this debacle should go in the first... ADVERTISEMENT Valley of Death: The Tragedy at Dien Bien Phu That Led America into the Vietnam War Ted Morgan 'Brings to life the climactic battle of Dien Bien Phu in a way no English reader has seen in four decades...This is a gem of a book. ' - John Prados, author of Vietnam: The History of an Unwinnable War, 1945-1975 LEARN MORE Puerto Rico After Maria Mexico City Earthquake ADVERTISEMENT Follow Us & Share 215 Lexington Ave., New York, NY, 10016, USA Your Preferences | Unsubscribe | Privacy View this e-mail in your browser.