The American Compass Podcast No Tax Cut Is Free with Oren Cass and Chris Griswold
Feb 14, 2025
Join Chris Griswold, a policy director at American Compass, and guest host Drew Holden in a fascinating deep dive into tax policy. They dissect the implications of the expiring Tax Cuts and Jobs Act, revealing the flaws behind anti-tax ideologies. Expect insights on the recently cut corporate tax rates and the effects of trade policies that favor China. The conversation humorously unpacks common myths about tax cuts, advocating for a balanced, fiscally responsible approach to economic challenges and exploring innovative reforms in higher education funding.
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Honest Policy Scoring
- Policy scoring should be honest, acknowledging that extending tax cuts has a cost.
- Don't manipulate policy analysis to push unsustainable policies.
Manipulating Scoring Methods
- Some Republicans use current law scoring for initial tax cuts but switch to current policy scoring when they expire.
- This is a manipulative tactic to avoid acknowledging the true cost of tax cuts.
Tax Policy Recommendations
- Extend beneficial provisions of the Tax Cuts and Jobs Act, like full expensing for capital investment.
- Increase and improve others, like the child tax credit, but find responsible ways to pay for them.