Alternative Visions

Alternative Visions - Massive Corporate Tax Cuts Coming—Again - 08.04.17


Listen Later

Multi-trillion dollar corporate and investor tax cuts by December have moved to the top of the Republican Congress-Trump legislative agenda. Dr. Rasmus puts the proposals in historical context, describing the corporate-investor tax cuts from Reagan through Clinton and GW Bush to Obama and now Trump. From the $750 billion Reagan bill in 1981-82 to Bush’s $3.7 trillion to Bush-Obama $480 billion in 2008-09 to Obama’s $1.245 trillion in 2010-12 and Obama’s continuation of the Bush tax cuts in 2013 for another decade that cost $5 trillion.  Corporate-investor tax cutting as an essential element of Neoliberal economic policy since 1978. How Congress alternates between nominal tax rate reduction and token tax loophole reduction, then raises nominal tax rates and expands tax loopholes.  How for 40 years the share of total taxes paid by corporations and wealthy household investors has declined, while the share of taxes for working and middle class has accelerated. The key elements of the Trump-Ryan tax proposals to date are reviewed.
...more
View all episodesView all episodes
Download on the App Store

Alternative VisionsBy Progressive Radio Network

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

25 ratings


More shows like Alternative Visions

View all
Economic Update with Richard D. Wolff by Democracy at Work, Richard D. Wolff

Economic Update with Richard D. Wolff

1,970 Listeners

The Gary Null Show by Progressive Radio Network

The Gary Null Show

495 Listeners

Jacobin Radio by Jacobin

Jacobin Radio

1,461 Listeners

Progressive Commentary Hour by Progressive Radio Network

Progressive Commentary Hour

119 Listeners

Geopolitics & Empire by Geopolitics & Empire

Geopolitics & Empire

496 Listeners

Ralph Nader Radio Hour by Ralph Nader

Ralph Nader Radio Hour

1,199 Listeners

The Duran Podcast by The Duran

The Duran Podcast

610 Listeners

Useful Idiots with Katie Halper and Aaron Maté by Useful Idiots, LLC

Useful Idiots with Katie Halper and Aaron Maté

4,443 Listeners

The Socialist Program by The Socialist Program

The Socialist Program

554 Listeners

American Prestige by Daniel Bessner & Derek Davison

American Prestige

1,066 Listeners

Judging Freedom by Judge Napolitano

Judging Freedom

928 Listeners

Geopolitical Economy Report by Ben Norton

Geopolitical Economy Report

319 Listeners

The Chris Hedges Report by Chris Hedges

The Chris Hedges Report

362 Listeners

Daniel Davis Deep Dive by Daniel Davis

Daniel Davis Deep Dive

77 Listeners

Glenn Diesen - Greater Eurasia Podcast by Glenn Diesen

Glenn Diesen - Greater Eurasia Podcast

44 Listeners