Nov 1, 2017

11/01/2017: No tax cut in history has ever paid for itself

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That's what Bruce Bartlett, former adviser to Ronald Reagan and treasury official under George H.W. Bush, tells us on today's show. He also debunks the Republican tax myth, which is the insistence that Reagan's 1981 tax cuts for the rich…

Segments From this episode

Move over, meat. Tyson Foods' CEO is excited about plant proteins.

Tom Hayes says the company is looking at affordable, sustainable options that consumers want.
Leon Neal/Getty Images

For states, hiking the gas tax can be politically risky

Nov 1, 2017
California is hiking gas taxes today by 12 cents a gallon. It’s also raising an annual fee based on a car’s value. The transportation package is expected to raise $54 billion over the next 10 years. The idea is the…

Why the GOP believes in a decades-old tax myth

Nov 1, 2017
Tax cuts for the rich is the only economic solution Republicans know, says Bruce Bartlett, a former presidential adviser.
Speaker of the House Paul Ryan, left, a Republican from Wisconsin, discusses the GOP plans for tax reform on Sept. 27 in Washington, D.C.
Drew Angerer/Getty Images

Inside the last-minute wrangling on the tax bill

Nov 1, 2017
Today is not the day we get a look at the GOP tax plan. Late last night, the House Ways and Means committee delayed the scheduled release of the text of the bill by a day. For now, there are…

EPA head shifts makeup of panel science advisers

Nov 1, 2017
Pruitt is installing new science advisors who have a history of being more industry friendly.

New Fed chair will carrying out the board’s dual mandate

Nov 1, 2017
President Trump is expected to announce who he’s nominating for chair of the Federal Reserve tomorrow. Current Chair Janet Yellen’s term ends in February.  One thing will stay the same after Yellen leaves: the Fed’s dual mandate of balancing inflation…

That’s what Bruce Bartlett, former adviser to Ronald Reagan and treasury official under George H.W. Bush, tells us on today’s show. He also debunks the Republican tax myth, which is the insistence that Reagan’s 1981 tax cuts for the rich gave way to vast prosperity, and suggests Republicans take a look at another tax reform model from the ’80s. We also check in on how things are going at the Fed, discuss why California is the only state where a 12-cents-a-gallon gas tax could work and talk about who Administrator Scott Pruitt chose for the EPA’s science advisory panel. Plus, on this week’s Corner Office, we get into antibiotic-free poultry and plant-based protein with Tyson Foods CEO Tom Hayes.

Music from the episode

Redbone Childish Gambino
That Girl Justin Timberlake
D Song Bonobo
Big Pimpin' / Papercut JAY Z, Linkin Park
Take a Walk Passion Pit
Malade 2006 Hocus Pocus

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