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Chart 2: Wealthy Taxpayers Rely Less on Wage and Salary Income Than Any Other Income Class Chart 3: Changes In Tax Rates Have Little Effect on Revenues Chart 4: Rich Pay More Following 1920s Tax Cuts Chart 5: Rich Paid More Under 1960s Kennedy Tax Cuts Chart 6: Reagan Tax Cuts Generated 31% More Tax Revenue From the Wealthy Chart 7: Higher Tax Rates, Lower Revenue Introduction One of the most important fiscal policy debates developing in this election involves the question of whether changes in tax policy have "supply-side" effects. In other words, will lower tax rates increase economic growt...

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The talking points the left is using in its effort to block republicans from getting a bill on donald trump's desk by christmas. earlier i spoke with tax foundation president scott hives about the argument against tax reform. >> let's take these issues one by one. first, the joint tax committee's report, dynamic analysis that said it is going to increase the tax reform, increase the economy by a minor amount, 0.8%, that would only get back one third of this $1.4 trillion. what do you think of that? >> the good news is the official scorekeepers on capitol hill say this is a progrowth tax bill t...

Add to the federal debt, one of the talking points the left is using in its effort to block republicans from getting a bill on donald trump's desk by christmas. earlier i spoke with tax foundation president scott hives about the argument against tax reform. >> let's take these issues one by one. first, the joint tax committee's report, dynamic analysis that said it is going to increase the tax reform, increase the economy by a minor amount, 0.8%, that would only get back one third of this $1.4 trillion. what do you think of that? >> the good news is the official scorekeepers on capitol hill sa...

Work at all. there is nothing in there. >> we don't agree with the frame of the deal. what the senator said is the democratic position. if the republicans want to come to the table and work with us on tax cuts that actually really benefit middle class people and don't drive up the deficit we're game to do it. we've done it before. our party has done it before. we're happy to do it again. >> melissa: doubling the standard deduction. all the things in there you don't like any of that that would help working people? >> you understand based on the analysis. over time a majority of middle class peo...