New CBO report shows that the share of overall federal taxes paid by high earners has increased substantially over time. https://cato.org/blog/federal-tax-changes-1979
This chart, from the libertarian CATO Institute, bears repeating: Federal spending is up over 21% under Trump. I must have been imagining it all those years when Republicans browbeat Dems and demanded lower spending, lower deficits. #jrn447
.@CatoEdwards makes a good point about how global tax regimes have evolved since the sky-high rate environments of yesteryear, and why that makes a 70% marginal rate impossible today https://www.cato.org/blog/high-tax-rates-wont-work-todays-economy via @CatoInstitute
“Government spending in Washington [State] has increased 31 percent in just the past two budget cycles.” - @CatoEdwards, @CatoInstitute
@GovInslee’s policies have failed Washingtonians with his tax and spend approach. #waelex #voteGOP2018
ICYMI: Are you prepared to file your taxes today? Cato Institute's Chris Edwards joined us to answer viewer questions on filing taxes before this year's deadline. Click here https://cs.pn/2ETOMFL
#TaxDay